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Heat-resistant chocolate ‘within reach’Snacks company Mondelez International is close to introducing heat-resistant chocolate it can sell at market stalls in Africa and some of the world's hottest places, a senior executive said on Thursday. The maker of Cadbury ch More… |
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Mondelēz celebrates launch with GCC eventsMondelēz International, the snack-food spin-off from Kraft Foods and one of the world’s leading makers of chocolates, biscuits, gum and candy, said it is celebrating its launch as a new company with special events in the GCC region. More… |
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Kraft Foods to cut 1,600 jobs in splitKraft Foods said that splitting into two companies would lead it to cut about 1,600 jobs in North America this year and that its 2011 profit should be slightly higher than it had previously forecast. About 40 per cent of the job cuts come More… |
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Kraft, Cadbury close to $19bn friendly dealUS-based Kraft Foods and Britain's Cadbury are close to sealing a friendly deal to create the world's largest confectionery group for up to 11.7 billion pounds ($19 billion), sources familiar with the matter said on Monday. Cadbury More… |
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Cadbury's investors eye higher Kraft bidSome of Cadbury's biggest shareholders, led by Legal & General, continued to reject Kraft Foods' 10.5 billion pound ($17.2 billion) bid and will look for an increased offer over the next four days. The British confectioner has More… |
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Kraft's Cadbury bid to win EU nodUS food group Kraft Foods is set to win conditional EU regulatory approval this week for its hostile 10 billion pound ($16.1 billion) takeover bid of British candy maker Cadbury, a source familiar with the situation said on Monday. Th More… |
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Hershey plans $17bn Cadbury bidUS chocolate maker Hershey Company is considering launching a bid of at least $17 billion for British chocolatier Cadbury in an effort to outstrip a hostile offer by Kraft Foods, a source familiar with the matter said on Friday. Hershey, w More… |
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Hershey to launch $17bn Cadbury bidUS chocolate maker Hershey Company is considering launching a bid of at least $17 billion for British chocolatier Cadbury in an effort to outstrip a hostile offer by Kraft Foods, a source familiar with the matter said on Friday. Hershey, w More… |
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Kraft to launch hostile bid for CadburyKraft Foods is poised to launch a hostile bid for Cadbury valuing the British confectionery business at around 11 billion pounds ($17.6 billion), a report in The Observer newspaper said. In a separate interview with the Sunday Times, Kraft More… |
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Cadbury rejects $16.7bn Kraft bidBritain's Cadbury, the world's second biggest confectionery group, has rejected a $16.7 billion bid approach by Kraft Foods but North America's biggest food group still hopes it can clinch a deal. Kraft said on Monday it had offered 300 pe More… |
