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The board of U.K.-based confectionery company Cadbury has finally agreed to a takeover bid from U.S. food company Kraft. The purchase price is £11.5 billion ($18.9 billion), or 840 pence ($13.70) a share.
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Confectionery giants Hershey and Ferrero were expected to team up to make a bid for Cadbury, but new reports indicate Hershey may go it alone.
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It wasn't so long ago that Kraft was announcing an interest in taking over British firm Cadbury. Now, the American company Hershey and Italian-based Ferrero have stated they would consider buying the firm.
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Chocolate vanished from the shop shelves!!
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Cadburys Headlines
US giant Kraft Foods, owner of UK chocolate maker Cadbury, decides to name its new global snacks business Mondelez.
A new research and development facility is officially opened at Cadbury's Birmingham home by owners Kraft.
Chocolate bunnies, jelly beans, Peeps and Cadbury eggs will surely fill children’s Easter baskets this weekend. Easter is a candy retailer’s dream. More than 120 million pounds of candy are purchased for the holiday every year. Whatever candy you decide to indulge in this weekend,...
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