Trademagazin > News and articles > Company and Personal News > Kraft Foods has won the struggle for Cadbury
Kraft Foods has won the struggle for Cadbury
Cadbury has adopted by the U.S. confectionery giant for a 18.9 billion USD bid, despite the fact that the company had fought for weeks against Kraft’s hostile manoeuvres.
The 186 year old British company threw in the towel, after a major foreign investor is also made it feel: It would be better to accept a better offer from the U.S. company.
Kraft won, in spite of the fact that, Cadbury strongly resisted against the takeover attempt and has indicated, that it intends to assert itself – reports Világgazdaság Online.
Related news
More related news >
Related news
These were the most popular tech items of 2024
This year, the interest in technology among Hungarians has not…
Read more >SPAR and the Trade Union of Commercial Employees have reached an agreement on wages for 2025
SPAR Hungary Retail Ltd. and the Trade Employees’ Union (KASZ)…
Read more >Lidl becomes a featured food chain partner of VEGANUÁR™ 2025
Lidl Hungary has become a featured food chain partner of…
Read more >