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19 Jan 2010 10:55

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U.S.: Cadbury seems rather optimistic about the Kraft Foods buyout

  • We believe the offer represents good value for Cadbury shareholders and are pleased with the commitment that Kraft Foods has made to our heritage, values and people throughout the world.
  • Cadbury Chairman Roger Carr • On the $19.5 billion buyout offer that Kraft showed the company today. For months, Cadbury rejected Kraft’s advances. No longer. While Cadbury is open to other offers – get your #(&^ together, Hershey – they seem quite happy with the offer that the world’s second-largest food company has put forth. If they combined, they would become the largest. source
Posted by Ernie Smith • 1 Comment • Permalink

14 Jan 2010 11:04

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Biz: Hey bookies, looking to bet on who gets Cadbury? Look here

  • 66% the odds that Cadbury goes to Kraft, who will produce a Vegemite-flavored Cadbury Egg for Australia
  • 15% the odds that Cadbury goes to Hershey, which is half the size but knows how to mix chocolate and peanut butter
  • 19% the odds that Cadbury doesn’t go with either suitor and decides to lay its own Cadbury Eggs source
Posted by Ernie Smith • 0 Comments • Permalink

22 Nov 2009 12:02

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Biz: It’s like everyone wants a freaking Cadbury egg

  • Kraft They made a unsolicited bid for the candy-maker, and then they made another one. Crumbelievable.
  • Hershey They saw what Kraft was doing and want to get chocolate in their peanut butter – with backup from another investor.
  • Nestle Now they want to lay a finger on Cadbury’s Butterfinger. And they might just be the backup Hershey’s needs. source
Posted by Ernie Smith • 0 Comments • Permalink
 
 
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