| Date | Time | Source | |
| 03/03/2010 | 9:11AM | DJN | Kraft Foods: Result Of Elections Under Mix And Match Facility
Kraft Foods Inc. (KFT) said Wednesday valid elections for additional New Kraft Foods Shares under the Mix and Match Facility had been received in respect of 5,007,565 Cadbury PLC (CBY) Shares and valid elections for additional cash under the Mix and Match Facility had been received in respect of 1,010,542 Cadbury Shares... More...>> |
| 03/01/2010 | 1:00PM | DJN | UK Business Secretary To Back Review Of M&A Rules
The U.K. business secretary, Peter Mandelson, is expected to call for a wide-ranging review of U.K. takeover law in a speech Monday night. In a speech referencing recent unease about the number of U.K. companies who have been taken over, senior lawmaker Mandelson will argue for a package of reforms to the U.K.'s takeover... More...>> |
| 02/19/2010 | 7:53AM | DJN | 2nd UPDATE: Nestle Upgrades Dividend, Sets Buyback; Outlook Vague
Signalling confidence, Switzerland's Nestle S.A. (NESN.VX) Friday raised its dividend and detailed a new share buyback program as sales growth improved towards the end of 2009, even though profits fell sharply because the previous year's result had been inflated by proceeds from asset sales. However, the world's largest... More...>> |
| 02/19/2010 | 3:23AM | DJN | UPDATE: Nestle Signals Confidence With Raised Dividend, Buyback
Signalling confidence, Switzerland's Nestle S.A. (NESN.VX) Friday raised its dividend and detailed a new share buyback program, even though profits fell sharply in 2009 because the previous year's result had been inflated by proceeds from asset sales. The world's largest food and beverages producer, which earlier this... More...>> |
| 02/16/2010 | 8:01PM | DJN | Hershey CEO Sees Board Support For Deals, Growth Strategy
Hershey Co. (HSY) has the support of its board as it weighs international acquisitions, although its largest shareholder, the Hershey Trust, still intends to maintain its controlling interest in the company, Chief Executive David West said in an interview. Hershey weighed a bid for Cadbury PLC (CBY) but didn't make an... More...>> |
| 02/15/2010 | 12:32PM | DJN | PRESS RELEASE: OFFER by KRAFT FOODS INC. for CADBURY PLC - Compulsory acquisition of outstanding Cadbury Shares
OFFER by KRAFT FOODS INC. for CADBURY PLC - Compulsory acquisition of outstanding Cadbury Shares NORTHFIELD, Ill., Feb. 15 /PRNewswire-FirstCall/ -- Introduction On 2 February 2010, Kraft Foods declared its recommended Final Offer wholly unconditional. (Logo: http://www.newscom.com/cgi-bin/prnh/20090420/KRAFTLOGO) The... More...>> |
| 02/12/2010 | 9:42AM | DJN | Developing Markets To Draw Interest At US Consumer Conference
Executives of the world's largest consumer-goods companies will gather at an industry conference next week in Florida, where many companies are likely to offer deeper insight into their plans to bolster sales overseas in the wake of the spending slump in the U.S. Many branded makers of basic goods like detergents, drinks... More...>> |
| 02/10/2010 | 10:43AM | DJN | Kraft Foods To Give 14 Days Notice Before Closing Final Offer
Kraft Foods Inc (KFT) said Wednesday that it will give at least 14 days' notice if it decides to close the final offer. MAIN FACTS: -Kraft Foods will settle valid elections under the Mix and Match Facility received between Feb. 2 and Feb. 9 together on the same settlement date. -By London Bureau, Dow Jones Newswires; Contact... More...>> |
| 02/09/2010 | 3:31PM | DJN | UK Should Review Takeover Rules, Former Cadbury Chairman Says
By Jessica Hodgson Of DOW JONES NEWSWIRES LONDON--The Cadbury PLC (CBRY.LN) takeover saga has amplified concerns about whether current U.K. rules on mergers and acquisitions work against the long-term interests of British business, Cadbury's former chairman Roger Carr said Tuesday. Carr, who stepped down as Cadbury chairman... More...>> |
| 02/09/2010 | 1:21PM | DJN | Kraft Foods Inc.: Somerdale Plant To Close By 2011
Kraft Foods Inc (KFT). said Tuesday that following extensive talks with senior management at Cadbury PLC (CBRY.LN), it has accepted that Cadbury plans to close the Somerdale manufacturing facility in Keynsham, near Bristol are so far advanced that it is unrealistic to reverse them, adding that the Somerdale plant will... More...>> |
| 02/05/2010 | 12:13PM | DJN | MARKET SNAPSHOT: U.S. Stocks Drop Softens On Bright Spots In Jobs
By Kristina Peterson An unexpected improvement in the U.S. unemployment rate helped soften the U.S. stock market's declines on Friday, though investors' fears about mounting fiscal instability in Europe persisted. The Dow Jones Industrial Average (DJI) was recently down 53 points, or 0.5%, at 9,948. General Electric (GE... More...>> |
| 02/05/2010 | 2:43AM | DJN | Kraft Gets 75% Acceptances For Cadbury Bid
Kraft Foods Inc. (KFT), a food company, said Friday it received valid acceptances Feb. 4 for its offer for Cadbury PLC (CBRY.LN) in respect of 1,038,720,625 Cadbury shares, or 75.41% of the existing issued share capital of Cadbury. MAIN FACTS: - Cadbury confirms that the 20 business days' notice period for the cancellation... More...>> |
| 02/03/2010 | 11:30AM | DJN | Cadbury CEO Stitzer, Chief Financial Officer Bonfield To Step Down
Cadbury PLC (CBRY.LN), a U.K. confectioner, said Wednesday Todd Stitzer is to step down as chief executive officer, while Andrew Bonfield will step down as chief financial officer. MAIN FACTS: -Effective dates of resignations still to be determined. -By London Bureau, Dow Jones Newswires; Contact Ian Walker; +44 (0)20... More...>> |
| 02/03/2010 | 11:16AM | DJN | Cadbury: Roger Carr To Step Down As Chairman
Cadbury PLC (CBRY.LN) said Wednesday Roger Carr has announced his intention to stand down as Chairman of Cadbury following Kraft Foods' (KFT) decision to declare its offer for Cadbury unconditional. MAIN FACTS: -The effective date of resignation from the Board is still to be determined. -By London Bureau, Dow Jones Newswires;... More...>> |
| 02/03/2010 | 2:30AM | DJN | Kraft Foods Inc. Offer Update And Result Of Elections
TIDMCBRY RNS Number : 5828G Kraft Foods Inc. 03 February 2010 ? NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN, INTO OR FROM JAPAN OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF THAT JURISDICTION For Immediate Release 3 February 2010 OFFER by KRAFT FOODS... More...>> |
| 02/02/2010 | 12:34PM | DJN | UPDATE: Kraft Foods To Focus On Integration, Repairing Damage
With Kraft Foods Inc's (KFT) GBP11.9 billion purchase of Cadbury PLC (CBY) now complete, the U.S. food giant's focus will shift to integrating the U.K. confectioner and repairing the damage caused by four months of acrimonious battle. Kraft Foods Tuesday declared its 850 pence a share bid for Cadbury unconditional after... More...>> |
| 02/02/2010 | 12:32PM | DJN | Kraft Gets 71.73% Cadbury Acceptances
Kraft Foods Inc. (KFT) said Tuesday it has received valid acceptances of itsoffer for Cadbury PLC (CBY) in respect of 987,684,041 shares or 71.73% of the existing issued share capital of Cadbury. MAIN FACTS: -All of the conditions to Kraft's recommended final offer have been satisfied or waived and offer is wholly unconditional... More...>> |
| 02/02/2010 | 12:20PM | DJN | Kraft Foods Inc. Offer Update - Offer Wholly Unconditional
TIDMCBRY RNS Number : 5673G Kraft Foods Inc. 02 February 2010 ? NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN, INTO OR FROM JAPAN OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF THAT JURISDICTION For Immediate Release 2 February 2010 OFFER by KRAFT FOODS... More...>> |
| 02/02/2010 | 10:56AM | DJN | Kraft Foods Focus To Shift To Integration, Repairing Damage
With the completion of Kraft Foods Inc's (KFT) GBP11.9 billion purchase of Cadbury PLC (CBY) imminent, the U.S. food giant's focus will now shift to integrating the U.K. confectioner and repairing the damage caused by four months of acrimonious battle. The deadline for Cadbury shareholders to accept Kraft's 850 pence a... More...>> |
| 02/02/2010 | 10:35AM | DJN | UPDATE: Hershey 4Q Profit Up; Co Open To Making Acquisitions
Hershey Co. (HSY) reported a 54% jump in its fourth-quarter profit due to better pricing and improved supply-chain efficiencies, and the U.S. confectioner said it is open to making acquisitions to speed up growth. On a conference call, Chief Executive David West said the company's management and board unanimously decided... More...>> |