Cadbury on brink as Kraft deadline looms

US giant Kraft's five-month battle for control of iconic confectioner Cadbury should be sealed tomorrow when it unveils the level of support for its takeover offer.

Cadbury on brink as Kraft deadline looms
Mon, 01 Feb, 2010 - 14:28

US giant Kraft's five-month battle for control of iconic confectioner Cadbury should be sealed tomorrow when it unveils the level of support for its takeover offer.

The cash-and-shares deal - recommended by the Cadbury board two weeks ago - currently values the UK firm at around £11.4bn (€13bn).

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CourtsBusinessHeathrowPlace: UKPlace: USPlace: IrelandOrganisation: CadburyOrganisation: KraftOrganisation: London Stock ExchangeOrganisation: HersheyOrganisation: FerreroOrganisation: British Government
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