Kraft 'to raise bid for Cadbury'

US food giant Kraft is set to raise its £10bn (€11.3bn) hostile takeover bid for Dairy Milk maker Cadbury in the next two weeks, it was reported today.

Kraft 'to raise bid for Cadbury'
Sun, 03 Jan, 2010 - 14:05

US food giant Kraft is set to raise its £10bn (€11.3bn) hostile takeover bid for Dairy Milk maker Cadbury in the next two weeks, it was reported today.

The sweetened offer will be the last effort to entice Cadbury shareholders into supporting a takeover, the Sunday Times reports.

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