BRITISH chocolate maker Cadbury yesterday stepped up its defence against a hostile takeover bid from Kraft by announcing that full-year results will beat market expectations.
BRITISH chocolate maker Cadbury yesterday stepped up its defence against a hostile takeover bid from Kraft by announcing that full-year results will beat market expectations.
Cadbury said Kraft's £10,3billion (R123,88billion) bid was too low.
"Don't let Kraft steal your company with its derisory offer," Cadbury chairman Roger Carr said to shareholders. - AFP
Cadbury knocks Kraft
BRITISH chocolate maker Cadbury yesterday stepped up its defence against a hostile takeover bid from Kraft by announcing that full-year results will beat market expectations.
BRITISH chocolate maker Cadbury yesterday stepped up its defence against a hostile takeover bid from Kraft by announcing that full-year results will beat market expectations.
Cadbury said Kraft's £10,3billion (R123,88billion) bid was too low.
"Don't let Kraft steal your company with its derisory offer," Cadbury chairman Roger Carr said to shareholders. - AFP