+ Reply to Thread
Page 1 of 2
1 2 LastLast
Results 1 to 10 of 12
  1. #1
    Site owner Food Network Fan will become famous soon enough Food Network Fan's Avatar
    Join Date
    Jun 2006
    Location
    West Virginia
    Posts
    17,758
    Recipes
    14
    Blog Entries
    11
    Rep Power
    10

    Cadbury rejects Kraft's $16.7 billion bid

    Cadbury rejects Kraft's $16.7 billion bid

    AP – 24-0700" class="recenttimedate">2 hrs 48 mins ago Sent 191 times
    AFP/File
    LONDON - 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. Full Story »


  2. #2
    Senior Member ibcheft is on a distinguished road ibcheft's Avatar
    Join Date
    Feb 2008
    Location
    Southern US
    Posts
    2,258
    Recipes
    1
    Blog Entries
    13
    Rep Power
    5
    I have never understood these corporate take overs, if your making money why sell ?

    prepared with passion and served with love !

    I do not cook to live, but live to cook !

  3. #3
    Super Moderator bakerman is on a distinguished road bakerman's Avatar
    Join Date
    Dec 2007
    Location
    Raleigh, NC
    Posts
    1,614
    Recipes
    2
    Rep Power
    4
    I am so against these giant companies taking over smaller ones, all that ever seems to happen is cheapening of the products.

    Hershey's already has rights to the Cadbury name here in the US, and the Cadbury products here pale in comparison to real British Cadbury products. I didn't realize that there was such a difference until I read an article about it and bought both to compare, the difference was amazing. I think that the reason that many don't like milk chocolate is that many mass produced domestic brands taste waxy and bland. Try a real Cadbury, or chocolate from one of the great small domestic companies (before they get bought up!) and you won't want to go back to Hershey's.
    MAC

    Before you criticize someone you should walk a mile in their shoes, that way when you criticize them you are a mile away and you have their shoes!

  4. #4
    Fan of the Food Network isilzha is on a distinguished road isilzha's Avatar
    Join Date
    Feb 2007
    Location
    Chicawesome
    Posts
    3,523
    Rep Power
    10
    Yeah this is ok. Kraft doesn't have to own everything.

    I saw this on wikipedia.

    Brands

    Kraft Foods' core businesses are in beverage, cheese and dairy, snack foods and confectionery, and convenience foods.[9]

    A1 Steak Sauce
    Africana Romania
    Ali Coffee
    Alpen Gold chocolate (Poland, Russia)
    Arrowroot biscuits
    Athenos Mediterranean food products
    Back to Nature
    Baker's
    Balance Bar
    Better Cheddars
    Boca Burger
    Bonox
    Breakstone's
    BullsEye Barbecue Sauce
    Café HAG
    California Pizza Kitchen (grocery store items)
    Calumet Baking Powder
    Cameo biscuits
    Capri Sun juice
    Carte Noire
    Charada (Peru)
    Cheese Nips
    Cheez Whiz
    Cheezels (Malaysia)
    Chicken in a Biskit
    Chips Ahoy!
    Christie (Canada)
    Claussen
    Clight
    Club Social crackers
    Cool Whip
    Corn Nuts
    Coronita (Peru)
    Côte d'Or (Belgium)
    Country Time powdered drink mix
    Cracker Barrel
    Crystal Light
    Daim (Sweden)
    Dairylea (Europe)
    Delissio (Canada)
    DiGiorno pizza
    Easy Cheese
    Eden processed cheese (Philippines)
    Field (Peru)
    Fig Newtons
    Filipinos (Spain, Portugal)
    Freia (Norway)
    Fruit2o
    General Foods International
    Gevalia (Sweden)
    Grape-Nuts
    Grey Poupon
    Handi-Snacks
    Honey Maid
    In-A-Biskit (Australia)
    Jack's Pizza
    Jacobs (Europe)
    Jacob's biscuits (Malaysia)
    Japp (Scandinavia)
    Jell-O gelatin
    Jet-Puffed Marshmallows
    Kenco (UK)
    Knox gelatin
    Knudsen
    Kong Haakon (Norway)
    Kool-Aid
    Korona Chocolate (Ukraine)
    Kraft BBQ Sauce
    Kraft Caramels
    Kraft Macaroni and Cheese
    Kraft Dinner (Canada)
    Kraft Easymac
    Kraft Mayo
    Kraft Bagelfuls
    Kraft Peanut Butter
    Kraft Singles
    Kraft Sandwich Spread
    Lacta (Brazil)
    Lefèvre-Utile Biscuit Co.
    Lunchables
    Lyuks Potato Chips (Ukraine)
    Maarud Potato Chips (Norway)
    Marabou (Sweden)
    Maxwell House coffee
    Milka (Switzerland, Germany, rest of Europe)
    Miracle Whip
    Miracoli (Germany)
    Mostro (Peru)
    Mikado(UK) see Pocky(Japan)
    Nabisco
    Nabob (Canada)
    Nilla
    Non-Stop (Scandinavia)
    Nutter Butter
    O'boy (Scandinavia; Estonia)
    Onko coffee
    Oreo
    Oscar Mayer
    Grated Parmesan cheese
    Philadelphia cream cheese
    Pigrolac
    Planters
    Poiana (Romania)
    Polly-O cheese
    Premium (a Nabisco brand of saltine crackers)
    Pretzels
    P'tit Québec
    Prince Polo
    Pure Kraft Salad Dressings
    Ritz
    Royal baking powder
    Seven Seas
    Sanka
    Shake 'n Bake
    Simmenthal canned meat
    Snackabouts
    SnackWells
    South Beach Living
    Starbucks (grocery store items)
    Stove Top stuffing
    Suchard
    Svoge (Bulgaria)
    Taco Bell (grocery store items)
    Tang
    Tassimo T-DISCS.
    Teddy Grahams
    Terrabusi (Kraft Foods Argentina)
    Terry's chocolates
    Terry's Chocolate Orange
    Tiger Energy Biscuits (Southeast Asian Countries)
    Toblerone (Kraft Foods Switzerland)
    Tombstone
    Triscuit
    Thinsations
    Trakinas
    Twist
    Twisties (Malaysia)
    Vegemite
    Velveeta
    Vizzolini (dry pastas)
    Wheat Thins
    Those who forget the pasta are condemned to reheat it.

  5. #5
    Site owner Food Network Fan will become famous soon enough Food Network Fan's Avatar
    Join Date
    Jun 2006
    Location
    West Virginia
    Posts
    17,758
    Recipes
    14
    Blog Entries
    11
    Rep Power
    10
    Interesting they own the grocery California Pizza Kitchen and Tombstone and Digorno. Seems like they are competing against themselves.


  6. #6
    Super Moderator bakerman is on a distinguished road bakerman's Avatar
    Join Date
    Dec 2007
    Location
    Raleigh, NC
    Posts
    1,614
    Recipes
    2
    Rep Power
    4
    It is surprising to see that Schwans owns lots of frozen food brands. Freschetta, Red Baron, Mrs. Smith's, Edwards, etc...
    MAC

    Before you criticize someone you should walk a mile in their shoes, that way when you criticize them you are a mile away and you have their shoes!

  7. #7
    Fan of the Food Network isilzha is on a distinguished road isilzha's Avatar
    Join Date
    Feb 2007
    Location
    Chicawesome
    Posts
    3,523
    Rep Power
    10
    Kraft won't back off pursuit of Cadbury

    British candymaker rejects $16.7 billion stock-and-cash offer


    By Mike Hughlett
    Tribune reporter September 8, 2009



    Kraft Food Inc., the food giant based in Northfield, made an aggressive $16.7 billion offer to buy Great Britain's Cadbury PLC in an effort to transform itself into a global powerhouse in the candy and gum business.

    Completing a deal also would signal that Kraft Chief Executive Irene Rosenfeld's much-ballyhooed turnaround effort is working, if only Cadbury would play ball.

    Kraft, which announced its unsolicited bid before dawn Monday, was quickly and publicly rebuffed by Cadbury. Undeterred, Kraft sketched out plans for going forward with a bid, signaling the start to the kind of high-stakes takeover drama the business world hasn't seen lately.

    Dealmaking pretty much dried up last year amid the global financial meltdown, and the fact that Kraft is making a run at Cadbury, one that could draw competing bids from other candymakers, suggests the acquisitions market is reawakening.

    Cadbury, which dates back to 1824 and is one of Britain's best-known companies, said in a statement Monday that it is "confident" in its "stand-alone strategy." But the company's board also said Kraft's offer "fundamentally undervalues" Cadbury.

    More
    Those who forget the pasta are condemned to reheat it.

  8. #8
    Site owner Food Network Fan will become famous soon enough Food Network Fan's Avatar
    Join Date
    Jun 2006
    Location
    West Virginia
    Posts
    17,758
    Recipes
    14
    Blog Entries
    11
    Rep Power
    10
    I hate to see companies with that kind of history be consumed by the big guy. I hope they hold their ground. But if they need to sell it might be better for them. I guess we don't know what their books look like. I wonder if any of our more financial savvy members will give us an opinion on this one?


  9. #9
    Fan of the Food Network isilzha is on a distinguished road isilzha's Avatar
    Join Date
    Feb 2007
    Location
    Chicawesome
    Posts
    3,523
    Rep Power
    10
    Cadbury rejects new Kraft bid

    LONDON – Kraft Foods Inc. launched a 9.8 billion pound ($16.4 billion) hostile bid for Cadbury PLC on Monday — refusing to sweeten a previous offer rejected by the British candy maker.

    The terms of the cash-and-stock approach were left unchanged, effectively representing a lower offer for Cadbury investors because of a shift in share prices of both companies.

    Cadbury immediately said no to the renewed approach, with chairman Roger Carr saying it "does not come remotely close to reflecting the true value of our company."

    More
    Those who forget the pasta are condemned to reheat it.

  10. #10
    Site owner Food Network Fan will become famous soon enough Food Network Fan's Avatar
    Join Date
    Jun 2006
    Location
    West Virginia
    Posts
    17,758
    Recipes
    14
    Blog Entries
    11
    Rep Power
    10
    UPDATE 1-Any Ferrero bid for Cadbury to be friendly -source

    Thu Nov 19, 2009 11:59am EST
    (Adds quotes on Ferrero cash position, background)
    * Ferrero declines comment
    * Sector specialist says Ferrero has ample liquidity
    * Could consider delisting, sector specialist says

    By Paola Arosio
    MILAN, Nov 19 (Reuters) - Any bid for UK confectioner Cadbury (CBRY.L: Quote, Profile, Research, Stock Buzz) by Italian chocolate maker Ferrero would have to be friendly, an Italian source close to the matter told Reuters on Thursday.

    MORE HERE


Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

     

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
Web Analytics
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42