Pennsylvania chocolate-maker may bid $17 billion for Cadbury, prompting bidding war It's increasingly looking like Northfield-based Kraft Foods Inc. may end up in a bidding war with Hershey Co. for British confectionery giant Cadbury PLC.
NEW YORK - Hershey Co. may make a US$17-billion bid for UK candy company Cadbury PLC, topping the recent $16.5-billion hostile offer by Kraft Foods Inc., the Wall Street Journal reports Friday.
The Canadian Press via Yahoo! Canada News - Nov 20 4:35 PM
NEW YORK - The Wall Street Journal reports that Hershey Co. may make a $17 billion competing bid for UK candy company Cadbury. The newspaper says the bid wouldn't be ready for two weeks and terms "are in flux," but it could top the $16.5 billion offer by Kraft Foods Inc.
Minneapolis-St. Paul Star Tribune - Nov 20 2:05 PM
NORTHFIELD, IL — A focused effort on making its distribution network more efficient has allowed Kraft Foods to save more than 50 million miles since 2005.
US-based food producer Kraft Foods Inc. is seeking Russia's permission to acquire Russia's Dirol Cadbury company, owned by Britain's Cadbury Plc, the national anti-monopoly agency said Thursday.
(Reuters) — U.S. chocolate maker Hershey Co. is considering launching a bid of at least $17 billion for British chocolatier Cadbury Plc as it seeks to trump a hostile offer by Kraft Foods Inc., a source familiar with the matter said on Friday. Hershey has lined up deal funding from Bank of ...
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