Kraft set to seal Cadbury takeover deal

US giant Kraft’s five-month battle for control of iconic confectioner Cadbury is set to be sealed today when it unveils the level of support for its takeover offer.

Kraft set to seal Cadbury takeover deal
Tue, 02 Feb, 2010 - 09:10

US giant Kraft’s five-month battle for control of iconic confectioner Cadbury is set to be sealed today when it unveils the level of support for its takeover offer.

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

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CourtsBusinessHeathrowPlace: UKPlace: USPlace: IrelandOrganisation: KraftOrganisation: CadburyOrganisation: London Stock ExchangeOrganisation: HersheyOrganisation: Ferrero
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