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Tuesday 09th of March 2010

News Tag: offers

December 15, 2009

Kraft defends bid for Cadbury

by Kay Murchie
”Kraft
US food giant Kraft has today reinforced its belief that a tie-up with Cadbury would “represent a uniquely complementary fit”. Kraft is actively trying to convince Cadbury shareholders that a combination with its British rival could "deliver substantially more value" together and would benefit Cadbury staff as new jobs would be created in the UK. Kraft warned Cadbury's shareholders that they will be "taking ...



November 23, 2009

Nestlé emerges as next bidder for Cadbury

by Kay Murchie
”Nestlé
British confectioner Cadbury, renowned for Dairy Milk chocolate, saw its shares rise today on the back of speculation that Swiss food group, Nestlé, is to be the latest company set to make an offer. Shares in the confectioner gained more than 2% to a high of 817p - which is almost 13% above the original takeover bid, made by US food ...



May 11, 2009

Barclays receives further offers for iShares

by Kay Murchie
”Barclays
Barclays has received further offers for its iShares business despite agreeing to sell off the division to private equity firm, CVC Capital Partners, last month for £3 billion. However, under the terms of the agreement, Barclays had the right to seek a higher bidder within a 45 day period. As a result, private equity groups Apax, BC Partners and Hellman & Friedman ...



January 12, 2009

Direct Line cuts contents insurance 50%

by David Masters
Direct Line cuts contents insurance 50%
With financial worries plaguing the nation, Direct Line is offering new customers a recession-busting 50% discount on home contents insurance. The insurance provider said economic slowdown is making it difficult for many households to keep up with expenses. In a recent survey by Direct Line, 22% of respondents thought it acceptable to default on a paid TV subscription payment. However, contents insurance is not ...



September 11, 2008

Barratt tempts buyers as profits slide

by Gill Montia
Barratt tempts buyers as profits slide
Housebuilder Barratt Developments has announced a range of sales incentives. The company's pre-tax profit fell by 68% in the six months to the end of June as unsold stock languished on its books. In an effort to tackle the lack of confidence in the property market that is keeping its showroom carpets pristine, the builder is offering to pay stamp duty on houses ...




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