Blogs and advice from Industry leading Specialists
Valuable Opinions, Comments & Gossip
Financial related News & Articles relating to Spain
Latest News, Stories
& Hot Topics
Various Tools & Widgets to help with your financial needs
Tools & Widgets to
help with finances
Polls, Surveys and Opinions featured throughout Tumbit
Featured Polls, Surveys & Stats
Discussions, Advice & Topical Chat
Discussions, Advice & Topical Chat

Kraft gets over 90 percent of Cadbury

Source: Reuters - Tue 16th Feb 2010

Kraft Foods Inc said on Monday it had just over 90 percent acceptances from Cadbury shareholders in its takeover of the confectioner.

Kraft, after a prolonged battle for the company, said it would start a compulsory purchase of the remaining shares to close out the deal. The $18.4 billion (1.17 billion pound) takeover will create the world's biggest confectionery group, following a near five-month takeover fight.

Comment on this Story

 
Be the first to comment on this Story !!

Recommended Items