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
Temu has already targeted the European food market
The Chinese-rooted Temu is posing an increasingly serious threat to…
Read more >Now you can get the ingredients for Hungarian lecsó up to 20% cheaper at PENNY
The unmissable favorite of the summer season is fresh, homemade…
Read more >Nutella is threatened by frost damage: the price of Turkish hazelnuts is rising drastically
Severe spring frosts have hit Turkey, the world’s largest hazelnut…
Read more >