Trademagazin > News and articles > Company and Personal News > Cadbury would not let to be purchased
Cadbury would not let to be purchased
The U.S. food group Kraft Foods, made a 16.7 billion USD bid for the purchase of the British Cadbury confectionery industry company.
The proposed deal would allow annual savings of 626 million USD in the cases of sales, marketing and product development costs.
Kraft Foods argues that with the acquisition, jobs would be saved and a factory, which was considered to be closed could continue functioning – reports Világgazdaság Online after the article of BBC.

Related news
More related news >
Related news
Márton Nagy: in the long term, we must return to investment-led economic growth
In the long term, we must return to investment-led economic…
Read more >250 HUF coupons in nearly 200 Tescos = several million HUF worth of handholds for 3,600 children
Those who shop at Tesco with the Ecumenical Aid Organization’s…
Read more >Young talent, Szécsi Böbe, composed the music for SPAR’s new commercial
The KEMP songwriting camp, organized by Banana Records, was held…
Read more >