News Tag: powerhouse
September 7, 2009
British confectionery giant Cadbury has turned down a £10.2 billion takeover offer from Kraft, the US food giant.
Kraft, which is renowned for brands such as Kenco coffee, Oreo biscuits, Terry's Chocolate Orange, Toblerone and cheese products such as Philadelphia and Dairylea, said the takeover would secure UK jobs, while keeping open Cadbury's Somerdale factory, which is currently scheduled to close.
Kraft also ...
Cadbury rejects £10bn approach from Kraft
by Kay Murchie
