Takeover talk boosts Cadbury shares

Shares in Cadbury Schweppes surged today after it emerged an American financier had amassed a 3% stake in the Dairy Milk firm.

Takeover talk boosts Cadbury shares
Tue, 13 Mar, 2007 - 13:36

Shares in Cadbury Schweppes surged today after it emerged an American financier had amassed a 3% stake in the Dairy Milk firm.

Nelson Peltz, a billionaire who sold fruit juice business Snapple to Cadbury in 2000, took a 5% holding in food giant Heinz last year.

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CourtsBusinessHeathrowPlace: UKPerson: Nelson PeltzPerson: PeltzOrganisation: CadburyOrganisation: Cadbury SchweppesOrganisation: Dairy MilkOrganisation: SnappleOrganisation: HeinzOrganisation: Triarc
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