One of the world’s most famous and loved chocolate producers Cadbury, has recently had a bid from Kraft believed to be in the region of 10.2bn. Cadbury is one of the largest chocolate producers, owning stock such as trident chewing gum, halls lozenges and bassets. Cadbury has a strong British heritage, compared to the US Kraft company whom owns stock such as Oreo biscuits, terry’s chocolate orange, Kenco/Maxwell coffees and Philadelphia. The bid comes after Cadbury announced it would slash 7,800 jobs in order to reduce costs. The bid for the meantime has been rejected, with Kraft believed to be considering a bigger bid.
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October 13th, 2009 at 2:31 pm
hands off our wispas