Seventeen billion bid for Cadbury

The charitable fund, governing Hershey has agreed that the company will offer 17 billion bid for the British chocolate producer Cadbury. The other potential buyer, Kraft Foods has offered 16.2 billion.

A Kraft spokesman said "Kraft made the only formal offer, and we are the most reliable customers."
Nevertheless, Hershey would have receive a more friendly welcome, because there is an old co-operation between Hershey and Cabury. In addition, Cadbury was looking for a company dealing with confectionery, so the potential investment is in line with the visions of the British Confectionery – reports Világgazdaság Online after Financial Times.