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
Joy in Giving! – National collaboration for the start of school
The Hungarian Maltese Charity Service and SPAR Hungary are announcing…
Read more >Lidl supports disadvantaged young people with 10 million forints
The limited edition sneaker launched as part of the Lidl…
Read more >A glass revolution instead of a plastic tsunami
While sustainability has become a central topic, millions of tons…
Read more >