Pounds 10billion Bid to Devour Cadbury's

Summary


THE last great British chocolate maker could fall into American hands after a Pounds 10.2billion bid for Cadbury's.

U.S. food giant Kraft launched a hostile takeover yesterday and was met by a firm rebuff by the British institution's board.

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Extract


Pounds 10billion Bid to Devour Cadbury's

But City insiders believe Cadbury's shareholders will force the company's chiefs to think again.

It is also possible that other bidders will enter the fray in what could become an epic battle to...

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