Cadbury sweetened by bid battle hopes

Cadbury shares hit a fresh two-year high today on hopes of a takeover tussle as reports suggested Swiss food group Nestle is considering entering the fray.

Cadbury sweetened by bid battle hopes
Mon, 23 Nov, 2009 - 09:55

Cadbury shares hit a fresh two-year high today on hopes of a takeover tussle as reports suggested Swiss food group Nestle is considering entering the fray.

Kit Kat and Aero maker Nestle is said to be considering its options, which could see it put forward an offer to rival the hostile €10.8bn bid from US giant Kraft.

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CourtsBusinessHeathrowPlace: ItalyPlace: IrelandPlace: UKPlace: PennsylvaniaPlace: USPlace: BirminghamPlace: Bull StreetOrganisation: CadburyOrganisation: NestleOrganisation: KraftOrganisation: HersheyOrganisation: FerreroOrganisation: OreosOrganisation: TobleroneOrganisation: RowntreeOrganisation: NescafeOrganisation: Ferrero RocherOrganisation: Dairy Milk
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