Takeover – Kraft Buying Cadbury

Well the deal seems to have finally been agreed as Cadbury seem to have agreed on a £12bn takeover from US rival Kraft

The 186-year-old chocolate maker decided to accept a higher bid from Kraft as Hershey failed to make a counter bid. Apparently Cadbury’s, led by chairman Roger Carr, will announce its decision to recommend the revised 850p-a-share bid to all shareholders in a ­statement to the stock exchange this morning.

Read more here from the Guardian website.

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