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
Media Markt and Saturn may fall into Chinese hands
One of Europe’s best-known electronics store chains could have a…
Read more >LVMH’s six-month profit falls 22 percent, revenue falls 4 percent
LVMH Moët Hennessy Louis Vuitton SA, the world’s largest luxury…
Read more >Consumer Protection Authority: Family Frost recalled quick-frozen potato croquettes
Family Frost Ltd. has recalled pre-baked, quick-frozen potato croquettes due…
Read more >