Cadbury awaits latest Kraft move

Cadbury produces some of the UK's best-known chocolate bars

UK confectioner Cadbury will soon find out if it will be the target of a hostile bid by would-be US suitor Kraft Foods.

Under Takeover Panel rules, Kraft has until 1700 BST on Monday to make a new offer or walk away for six months.

Reports in UK newspapers have suggested Kraft will make a hostile bid directly to shareholders, and Cadbury will resist the approach.

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SCENARIOS: Kraft aiming to acquire Cadbury more cheaply
Nov 9th, 2009 - Reuters
LONDON (Reuters) - Kraft Foods chief executive Irene Rosenfeld is playing hardball with her $16.4 billion hostile offer for Cadbury, triggering a bid battle that could stretch for up to three months.
Kraft makes hostile bid for Cadbury
Nov 9th, 2009 - CNNMoney
NEW YORK (CNNMoney.com) -- Kraft Foods launched a $16.3 billion hostile takeover bid Monday for British candy company Cadbury after the deadline for the initial bid passed without a deal. Cadbury...
REFILE-Cadbury awaits Kraft bid deadline, shares tick up
Nov 9th, 2009 - Reuters
(Repeats to correct contact details at end of text) * Kraft deadline 1700 GMT Monday for Cadbury bid * Cadbury shares edge nearly 1 percent higher LONDON, Nov 9 (Reuters) - Cadbury's (CBRY.
Kraft Bid for Cadbury Is Likely to Go Hostile
Nov 9th, 2009 - Wall Street Journal
Kraft Foods Inc. is expected on Monday to officially launch a hostile bid for Cadbury PLC valued at roughly £10 billion ($16.59 billion), setting in motion a tussle for control of the famed British confectionary company.
Kraft set to formalize hostile Cadbury bid: sources
Nov 9th, 2009 - Reuters
PHILADELPHIA (Reuters) - Kraft Foods Inc is expected to formalize on Monday a hostile takeover bid for Britain's Cadbury Plc valued at roughly 10.2 billion pounds ($16.7 billion)...