Kraft in €11.5bn bid for Cadbury

US giant Kraft Foods has made a £10.2bn (€11.5bn) takeover offer for British confectionery group Cadbury, it was revealed today.

Kraft in €11.5bn bid for Cadbury

US giant Kraft Foods has made a £10.2bn (€11.5bn) takeover offer for British confectionery group Cadbury, it was revealed today.

Kraft – the firm behind brands including Maxwell House, Oreos and Jacobs – said Cadbury had already rejected its initial advances.

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