Apr 27, 2012 18:32 EDT
The maker of Nutella is setting aside $3.05 million to resolve a sticky class action lawsuit initiated by a young California mother who disputed the hazelnut breakfast spread's wholesome image.
Jan 25, 2010 03:30 EST
LONDON (Reuters) - Italy's Ferrero has ruled out a rival bid for Cadbury Plc <CBRY.L>, clearing the way for Kraft Foods <KFT.N> to complete its 11.7 billion-pound ($18.9 billion) proposed takeover of the British confectioner.
Jan 25, 2010 02:38 EST
Italian chocolate maker Ferrero on Monday said it did not intend making a counter-bid for British confectioner Cadbury, which last week agreed to a multi-billion-dollar takeover from US giant Kraft Foods.
Jan 22, 2010 16:00 EST
Out of race to buy British chocolatier, Hershey faces new challenges. The Hershey Co. on Friday conceded the race to acquire British candy maker Cadbury, opting for a slower road to international expansion but also possibly a tougher battle for shelf space in grocery stores at home.
Jan 13, 2010 17:13 EST
AP source: Hershey working on solo bid for Cadbury, despite exit of potential Italian partner. The Hershey Co. is assembling a bid to acquire British candy maker Cadbury PLC without the help of Italian candy maker Ferrero International, a person familiar with Hershey's plans told The Associated Press on Wednesday.
Jan 13, 2010 08:49 EST
Kraft Foods lifts full-year profit guidance as hostile bid for Cadbury marches on. Kraft Foods Inc., engaged in a hostile takeover bid for candy maker Cadbury PLC, boosted its full-year profit outlook for the second time in two months after logging strong operating gains, as it spent more on marketing its core brands.
Jan 06, 2010 17:30 EST
Kraft says holders of 1.5 percent of Cadbury shares have accepted takeover bid so far. Kraft Foods Inc. announced Wednesday that holders of 1.5 percent of the outstanding stock in chocolate and gum maker Cadbury PLC have so far accepted its hostile takeover offer, but the U.S. company may gain more support as its offer price moves closer to Cadbury's market value.
Jan 05, 2010 15:23 EST
Kraft improves offer for Cadbury, but Buffett opposes plan to issue shares to pay for deal. Kraft Foods Inc.'s hostile bid for Cadbury PLC grew more contentious Tuesday as Warren Buffett's Berkshire Hathaway sternly warned against the deal, even as Kraft sweetened its offer.
Jan 05, 2010 05:27 EST
Kraft Foods Inc. improved its hostile takeover offer for British chocolate and gum maker Cadbury PLC after selling its North American pizza business for $3.7 billion to Nestle, which confirmed it would not make a rival bid.
Dec 30, 2009 12:25 EST
UK Takeover Panel extends key deadline in Kraft bid for Cadbury. The U.K. Takeover Panel said Wednesday that it had extended the deadline to allow British chocolate and candy maker Cadbury PLC to disclose any new information about the bid by Kraft Foods Inc. to acquire it.
Dec 27, 2009 13:00 EST
MILAN (Reuters) - Italian chocolate giant Ferrero is still examining its options on a possible bid for Britain's Cadbury PLC <CBRY.L>.
Dec 15, 2009 08:23 EST
Kraft questions strong Cadbury growth targets as it maintains hostile takeover bid. Kraft Foods Inc. questioned the robust growth targets of Cadbury PLC as it stuck by its 9.8 billion pound ($16.3 billion) hostile takeover for the British chocolate company on Tuesday.
Dec 07, 2009 07:09 EST
Cadbury to publish formal response to hostile Kraft bid with trading update on Dec. 14. Cadbury PLC said Monday it plans to publish its formal response to a 9.8 billion pound ($16.3 billion) hostile takeover offer from Kraft Foods Inc. on Dec. 14.
Dec 04, 2009 15:18 EST
Kraft takes its $16.3B buyout bid rejected by Cadbury to the Britsh candy maker's shareholders. Kraft Foods Inc. took its $16.3 billion hostile takeover offer for Cadbury PLC straight to shareholders of the British candy company on Friday.
Dec 04, 2009 09:24 EST
Kraft posts details of hostile Cadbury bid to shareholders. Kraft Foods Inc. says it has taken its 9.8 billion pound (16.3 billion) hostile share-and-cash offer for Cadbury PLC straight to shareholders of the British company.
Nov 18, 2009 07:54 EST
PHILADELPHIA/MILAN (Reuters) - Chocolate makers Hershey Co <HSY.N> and Ferrero SpA are considering a joint bid for Cadbury Plc <CBRY.L> that could help the British confectioner fend off a hostile takeover by Kraft Foods Inc <KFT.N>