UK takeover panel gives Kraft Nov 9 deadline to make bid for candy maker CadburySeptember 30th, 2009 Kraft given Nov 9 deadline to bid on CadburyLONDON — Britain's Panel on Takeovers and Mergers says Kraft Foods Inc. has until November 9 to either make a firm bid for candy maker Cadbury PLC or walk away.
Report: Kraft preparing to make hostile $17.45 billion bid for British candy maker CadburySeptember 30th, 2009 Report: Kraft could make hostile bid for CadburyKraft Foods Inc. is poised to launch a hostile bid for British candy maker Cadbury PLC, The Observer said Sunday, citing unnamed sources.
Argentine police try to dislodge laid-off workers from Kraft Foods plantSeptember 25th, 2009 Argentine police, workers fight at Kraft plantBUENOS AIRES, Argentina — Argentine police have used force to remove laid-off workers occupying a Kraft Foods plant since last month. Authorities used tear gas and rubber bullets Friday against union members throwing sticks and rocks.
Cadbury asks U.K. takeover panel to force Kraft to make formal bid, or drop itSeptember 22nd, 2009 Cadbury involves U.K. takeover panel in Kraft bidNEW YORK — Candy maker Cadbury PLC has taken Kraft Foods Inc.'s unsolicited bid to British regulators, asking them to make the American food maker produce a formal takeover bid or abandon the proposal, according to a published report.
Report: Hershey hires Buffett's banker to advise on possible Cadbury bid, rivaling KraftSeptember 17th, 2009 Report: Hershey hires advisers, mulls Cadbury bidNEW YORK — The trust that controls Hershey Co. has hired a notable banker and a small banking firm to advise on a possible bid for rival candy maker Cadbury PLC to compete with an offer from Kraft Foods Co., according to a published report.
Cadbury chairman says Kraft bid undervalues company, opposes being absorbed by US food giantSeptember 12th, 2009 Cadbury chairman: Kraft bid undervalues companyDALLAS — The chairman of candy maker Cadbury PLC said Saturday that Kraft Foods Inc. undervalued his company in a takeover offer this week, and he dismissed the suitor as a "low growth conglomerate."
Roger Carr laid out his opposition to Kraft's $16.7 billion bid in an open letter to Kraft CEO Irene Rosenfeld.
CEO Irene Rosenfeld pushes for Cadbury acquisition, hopes to boost productivity in EuropeSeptember 9th, 2009 Kraft CEO Rosenfeld advocates offer for CadburyNEW YORK — Kraft Foods Inc. CEO Irene Rosenfeld said Wednesday that she will keep pushing to buy candy maker Cadbury PLC as part of Kraft's focus on higher-margin brands and international markets, but ratings agencies were wary of the deal.
Food maker stocks mixed after Kraft announces bid to buy candy maker CadburySeptember 8th, 2009 Food stocks mixed on news of Kraft bid for CadburySAN FRANCISCO — Shares of food makers were mixed in Tuesday trading after Kraft announced a bid to buy British candy and drink maker Cadbury PLC for $16.7 billion in stock and cash. Cadbury rejected the offer, opening the possibility that other suitors will enter the fray.
British candy maker Cadbury says $16.7 billion bid from Kraft Foods is too lowSeptember 7th, 2009 Cadbury rejects Kraft's $16.7 billion bidLONDON — Kraft Foods Inc. on Monday proposed a 10.2 billion pound ($16.7 billion) takeover of Cadbury PLC, but the offer was immediately rejected by the British maker of chocolate, gum and candy.
Summary Box: Productivity, factory orders increase in latest hopeful signs of recession's endSeptember 2nd, 2009 Summary Box: Productivity, factory orders riseMORE STRONG NUMBERS: Productivity in the second quarter posted its best showing since 2003, while cost-cutting by companies pushed labor costs down by the most in nine years. A separate report showed factory orders climbed in July, the fifth gain in six months.
Kraft Foods 2Q profit rise 11 percent, but sales fall on foreign currency translationAugust 5th, 2009 Kraft Foods 2Q profit rises 11 percentMILWAUKEE — Kraft Foods Inc. said Tuesday its second-quarter profit rose 11 percent even though its revenue slipped as the dollar's strength weighed down international sales.
Kraft Foods 2Q profit up 11 percent, but sales down on foreign currency translationAugust 4th, 2009 Kraft Foods 2Q profit up 11 percentMILWAUKEE — Kraft Foods Inc. said Tuesday its second-quarter profit rose 11 percent even though its revenue slipped as the dollar's strength weighed down international sales.
ConAgra campaign links brands to push itself as food maker as it competes for shelf spaceJune 1st, 2009 ConAgra links brands as it competes for spaceMILWAUKEE — America, meet ConAgra. The maker of Chef Boyardee, Hunt's tomato sauce and ACT II popcorn is rebranding itself as it looks to tout its portfolio to investors and retailers as stores try to deal with frugal consumers by carrying only the best-performing brands.
Kraft Foods 1st-quarter profit rises 10 percent, sales slip as consumers keep cutting spendingMay 5th, 2009 Kraft Foods 1Q profit rises 10 percentMILWAUKEE — Kraft Foods Inc. said Tuesday its first-quarter profit rose 10 percent even as sales took a hit from the stronger dollar.
Kraft Foods 1Q likely to show volume drops as consumers buy private label brandsMay 1st, 2009 Earnings Preview: Kraft Foods Inc.MILWAUKEE — Kraft Foods Inc., the nation's largest food and beverage maker, reports its first-quarter earnings on Tuesday before the market opens. The following is a summary of key developments and analyst opinion related to the period.
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