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Hershey Co. may make a $17 billion bid for UK candy company Cadbury PLC, topping the recent $16.5 billion hostile offer by Kraft Foods Inc., the Wall Street Journal reports Friday.
Shares in British chocolate maker Cadbury PLC hit their highest level in at least five years Monday on reports that another rival, Switzerland's Nestle SA, may make a takeover bid.
Hershey Co. has been working with Italian chocolate maker Ferrero Spa to craft a possible joint bid for Cadbury PLC, according to a published report.
British candy maker Cadbury PLC rejected a renewed 9.8 billion pound ($16.4 billion) hostile bid from Kraft Foods Inc. on Monday after the U.S. company refused to sweeten a previous offer.
The clock is ticking on a Monday deadline for Kraft Foods Inc. to make a formal offer for British candy maker Cadbury PLC.
British chocolate and gum maker Cadbury PLC on Wednesday upgraded its outlook as it reported a 7 percent rise in third-quarter revenue — proof, it said, that it does not need to be taken over by a conglomerate like Kraft to deliver results.
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.
Kraft Foods Inc. is poised to launch a hostile bid for British candy maker Cadbury PLC, The Observer said Sunday, citing unnamed sources.
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.
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."
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.
Candy and gum maker Cadbury PLC nearly tripled net profit in the first half of the year as the company pocketed a strong gain from its discontinued beverage business and as people ate more chocolate during the recession.
Cadbury PLC, the world's biggest candy maker, said Wednesday that it has reached a conditional agreement to sell its Australian drinks business to Asahi Breweries, Ltd. for 550 million pounds ($808 million).
Cadbury PLC, the world's biggest candy maker, said Tuesday it expects a strong rise in profits for 2008 despite seeing sales growth in North America slow in the fourth quarter.
China's government said an additional 31 batches of Chinese milk powder were found contaminated with the industrial chemical melamine, further broadening a scandal affecting products ranging from baby formula to chocolate.
Chocolate maker Cadbury PLC announced Monday it would spend millions over the next few years to boost cocoa yields and to improve the lives of cocoa farmers in Africa, Asia and the Caribbean.
British confectioner Cadbury Schweppes PLC defended the safety of its products despite the recall of 1 million chocolate bars after finding traces of salmonella contamination.
My Chocolate Meltdown - NYTimes.comBut luckily, long before this year's announcement by Hershey that it was closing the Berkeley plant and consolidating Scharffen Berger production in Illinois, I discovered an alternative.
Chocolate wars: now the ambassador's favourite and a US giant eye CadburyItalian firm Ferrero and the US giant Hershey have been linked to a new bid for British chocolate maker Cadbury
Cadbury rejects Kraft's hostile bidCadbury today rejected a hostile takeover bid from Kraft as "derisory" and not "remotely close" to its true value after the world's second largest food conglomerate took its bid directly to shareholders.
Cadbury rejects Kraft's $16.5 billion bid Cadbury on Monday rejected a hostile cash and shares bid from Kraft that valued the UK confectionery group at £9.8 billion ($16.5 billion) or 717p a share, after the U.S. foods group formalized the terms of an indicative offer it made two months ago.
Cadbury rejects £10.2bn bid from KraftConfectionery group Cadbury, one of Britain's best-known companies, has rejected a £10.2bn takeover from Kraft, the American food giant.
Seal holds up chocolate factory workersWorkers trying to knock off at the Cadbury chocolate factory near Hobart last night were held up by an unexpected visitor.
Cocoa cultivation rising in southern statesKochi: Robust trend in bean prices triggered by a global shortage of cocoa has prompted some southern states to spread the cultivation to more area.
Coca-Cola may negotiate for Cadbury's brandsCoca-Cola Amatil could make a counterbid for Cadbury's Australian drinks arm, after the British confectionary maker announced it has agreed to sell the businesses.
Cadbury to sell Australian BeveragesBritish maker of confectionery, Cadbury, has put its Australia Beverages drinks division up for sale and gave an up-beat fourth quarter trading update despite challenging conditions.
Melamine found in Cadbury goodsMelamine is used in making plastics and is high in nitrogen, which makes products appear to have a higher protein content. Health experts say that ingesting small amounts does no harm but sustained use can cause kidney stones and renal failure, especially among the young.
Cadbury says tests 'cast doubt' on quality of Chinese-made products, issues recallBritish chocolate maker Cadbury said Monday that tests have "cast doubt" on the safety of its Chinese-made products and ordered a recall, the latest foreign company affected by China's tainted milk scandal.
Cadbury recalls China-made sweetsBritish sweet maker Cadbury has recalled its China-made chocolates from shelves in Australia, Hong Kong, and Taiwan, the company said - the latest fallout from the toxic milk scandal.
Cadbury tours closed |IT is enough to make a sweet tooth cry. One of Tasmania's favourite tourist attractions, the Cadbury chocolate factory tour, has shut.
Cocoa farming | Fair enough? | Cadbury hopes to secure its cocoa supply with a new schemeCadbury will spend £44m ($87m) over ten years to finance the partnership, starting with a £1m investment in a seed fund this year, and increasing to £5m a year from 2010.
Cadbury Schweppes Also Goes GreenCadbury Schweppes announced it will publish data on greenhouse gas emissions from across its global supply chain. It is part of the plans to reduce its carbon footprint by 50 per cent.
Web campaign prompts Wispa bar returnInternet campaigners have prompted chocolate giant Cadbury to bring back its defunct Wispa bar. The brand vanished from UK shelves four years ago amid declining sales and was replaced with Dairy Milk Bubbles.
Copyright moves ignite coffee controversyThe Australian coffee industry is furious at news that coffee giant Nestle is trying to get the exclusive rights to images of coffee in a coffee mug. It is just the latest high profile company to try to claim a common image.
Cadbury Fined £1 Million Over Chocolate Salmonella Outbreak Cadbury fined for salmonella outbreak, where people had fallen ill and some hospitalized.
Chewing Gum Wars: Wrigley vs. TridentChewing gum is at the centre of a retail battle between Wrigley, the dominant player in Britain for decades, and Cadbury, the world's biggest confectionary company.
The World's Best Candy Bars? English, of Course - New York TimesAt this point, it would be easy to take a long, clichéd side trip into a discussion of the relative inferiority of British food.
Cadbury to admit hygiene chargesConfectionery giant Cadbury is to plead guilty to six charges under food and hygiene regulations. More than one million chocolate bars were recalled in the UK after salmonella was found in some products between January and March 2006.
Cadbury facing prosecution for Salmonella ScareConfectionery giant Cadbury is set to be prosecuted under environmental health laws over last year's food scare involving chocolate contaminated with salmonella, the Guardian has learned. Those Cadbury eggs are so tasty, I am willing to forgive this.
Recall of chocolate leaves egg on the face of CadburyCONFECTIONERY giant Cadbury will today launch a national advertising campaign to alert customers about a recall of Easter eggs because they have the wrong nut allergy labelling.
Cadbury begins Easter egg recallCadbury is recalling some of its Easter eggs because they do not carry the correct nut allergy labelling. The eggs being recalled, which include the Crunchie Easter Egg and Dairy Milk Easter Egg, were made on a line which makes products with nuts in them.
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