March - Kraft faces double grilling on Cadbury takeover
March saw US food group Kraft face two separate probes over its 2010 takeover of Cadbury.
Kraft execs were recalled by the UK Parliament’s Business, Innovation and Skills Committee to give evidence over its alleged pledge to to maintain 400 jobs and production at Cadbury’s site in Bristol.
For the full story see HERE.
Meanwhile in the US, the Securities and Exchange Commission (SEC) announced that it was to investigate Kraft’s Cadbury acquisition over possible violations of foreign bribery law contrary to the US Foreign Corrupt Practices Act (FCPA).
For the full story see HERE.
