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Breaking News on Confectionery & Biscuit Processing

Hershey and Ferrero could bid for Cadbury

Hershey and Ferrero are reported to be considering a joint bid for Cadbury that could put the brakes on a hostile takeover by Kraft.

News in brief

Billionaire increases Cadbury stake

US hedge-fund manager, John Paulson, has doubled his stake in Cadbury on the same day the confectionary giant rejected a hostile takeover bid from Kraft, according to media reports.

Kraft’s bid is ‘contemptuous’, says analyst

Even if Kraft intends to increase its bid for Cadbury, its latest offer has probably managed to upset both the board and shareholders, says Andrew Wood, senior research analyst at...

Cadbury cites eco concerns for tin swap

Confectionery giant Cadbury is playing up its sustainability initiatives in its seasonal packaging to appeal to consumer demand for a 'green' Christmas.

Kraft rolls out sustainable chocolate range

Kraft Foods said its premium dark chocolate range is the first to carry the Rainforest Alliance Certified seal, showing it contains cocoa from farms that meet the sustainability standard.

Investors put price on Cadbury, Kraft deal - report

One of the leading investors in Cadbury has revealed he would consider a bid from Kraft if it were in the region of 820p per share, according to recent media...

Pressure on Kraft as Cadbury upbeat on results

Cadbury’s upwardly revised revenue forecasts are a strong defence to the bid from Kraft, claim industry analysts.

Kraft sale could help with Cadbury bid - report

Kraft may look to sell its brand Maxwell House to generate a higher offer to Cadbury, the world's second largest confectionery group, claim media reports.

News in brief

Cadbury family member attacks Kraft bid

A member of the Cadbury family has attacked the Kraft takeover bid and promised to mobilise family opposition.

Kraft given November deadline for Cadbury bid

The UK’s Takeover Panel has announced a deadline of November 9 for Kraft to make a bid for Cadbury or to say that it does not intend to make an...

Cocoa price spike may favor Kraft over Cadbury

World cocoa prices have just hit record highs sparking suggestions that the resulting cost changes could aid the Kraft bid for Cadbury.

Kraft reportedly prepares hostile bid for Cadbury

Kraft Foods is reportedly preparing a hostile bid for Cadbury three weeks after the confectionery company rejected a £10.2bn ($16.7bn) offering.

Kraft explores boosting chocolate health benefits

Drinks or high sugar-containing chocolate may be the best formulations for boosting antioxidant levels in the blood, suggests a new study from Kraft Foods.

News in brief

Cadbury boss makes veiled attack on Kraft’s brand of capitalism

Cadbury CEO Todd Stitzer told a fair trade conference in London on Thursday that taking away its “principled capitalism” would destroy Cadbury’s appeal, according to the UK’s Guardian newspaper....

Cadbury tells Kraft to bid or back off

Cadbury has approached the UK’s Takeover Panel, asking it to impose a deadline for Kraft to make an offer.

Cadbury confident despite Kraft bid

Cadbury has given a confident presentation of its stand-alone strategy in the midst of speculation that the company is unlikely to hold onto its independence following Kraft’s failed take-over bid....

Cadbury slams Kraft bid and business model

Cadbury has labelled Kraft “a low growth conglomerate” in a letter restating its rejection of the food giant’s £10.2bn ($16.7bn) takeover bid.

Packaging firms threatened by Kraft cutbacks

Packaging firms across Europe would be “dramatically affected” by Kraft Foods’ decision to slash supplier numbers, with the move causing potential casualties in the sector, according to Leatherhead Food International.

Thousands of suppliers threatened by $300m Kraft cutbacks

Kraft Foods is slashing its supply chain costs by $300m - a decision that Leatherhead Food International predicts will dramatically affect suppliers and could result in casualties.

Kraft defiant over Cadbury valuation

Kraft Foods has defended its valuation of the Cadbury business and insisted that it remains the most logical buyer for the UK confectionery manufacturer.

Rivals set to go to war over Cadbury

Kraft Foods' rejected bid for Cadbury is likely to trigger a bidding war among the world’s leading confectionery producers, analysts are predicting.

Kraft Foods launches Cadbury takeover bid

Kraft Foods has confirmed it has had an initial takeover bid for Cadbury rejected but said it intends to work towards a deal that would create a $50bn food industry...

Cadbury plays down chocolate supply fears

Cadbury has insisted that potential strike action by its workforce will not affect chocolate supply, despite claims made by union officials.

News in brief

Cadbury goes Fair Trade in Canada

Cadbury has pledged to achieve Fair Trade certification for its Dairy Milk bars in Canada after successfully making the Fair Trade transition in Britain and Ireland.

Cadbury removes palm oil from Dairy Milk in New Zealand

Cadbury is removing palm oil from its Dairy Milk recipe in New Zealand following complaints from consumers concerned about its environmental impact.

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