Ferrero may enter Cadbury bidding fray

Chocolate firm Ferrero has moved a step closer to joining the Cadbury bidding war after lining up a loan that could be used to back an offer, it was reported today.

Ferrero may enter Cadbury bidding fray
Mon, 11 Jan, 2010 - 09:02

Chocolate firm Ferrero has moved a step closer to joining the Cadbury bidding war after lining up a loan that could be used to back an offer, it was reported today.

Ferrero, which makes Ferrero Rocher and Kinder chocolate eggs, has discussed a $4.5bn loan with Italian bank Mediobanca, according to The Times in England.

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CourtsBusinessHeathrowPlace: EnglandPlace: ItalyPlace: OmahaPerson: Warren BuffettPerson: BuffetOrganisation: FerreroOrganisation: CadburyOrganisation: Ferrero RocherOrganisation: KinderOrganisation: MediobancaOrganisation: TimesOrganisation: KraftOrganisation: HersheyOrganisation: The TimesOrganisation: KitKatOrganisation: NestleOrganisation: Dairy MilkOrganisation: DairyleaOrganisation: TobleroneOrganisation: Berkshire Hathaway
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