Did Anyone Realize We Own 20% Of Cadburys
Well i want a discount the next time I by a Bar
http://www.thedeal.com/newsweekly/dealw ... ey-cad.php
Confectioners: Cadbury, Hershey, more
On Sept. 7, Kraft Foods Inc. made a long-awaited bid for Cadbury plc, which was rejected. A Kraft/Cadbury merger, which has been rumored since Sept. 2008, would create a confectionery and snacks giant with over $50 billion in annual sales, uniting Kraft's Philadelphia cheese and Oreo cookies with Cadbury's Dairy Milk chocolate and Trident gum.
A takeover of Cadbury has been widely expected since early 2007 when its American CEO, Todd Stitzer, began moves to split off its drinks business. Its takeover prospects improved further when Mars Inc. agreed to pay $23 billion for Wm. Wrigley Junior Co. in April that year. - Jonathan Braude and Laura Board
2009
Sept. 7: Kraft bids $16.7B for Cadbury: U.S. food giant Kraft Foods Inc. shocked the London market out of its late-summer torpor Monday, Sept. 7, using the cover of a U.S. public holiday to announce its £10.2 billion ($16.7 billion) stock-and-cash pursuit of chocolate-to-chewing-gum maker Cadbury plc, one of Britain's best-loved brands. - Jonathan Braude and Laura Board
April 20: Fujitsu, De la Rue, Cadbury and Thames are collectively selling their combined 80% stake in Cadbury. Royal Mail, which holds the remaining 20% of Cadbury, has not joined the collective that plans to sell. But any sole buyer of more than 29.9% would have to bid for its stake as well. The Financial Times reports that the deal is reported to have been valued at roughly £250 million ($363.475 million) to £350 million ($508.865 million).
Jan. 27: Hershey uses ads to fight Mars-Wrigley, posts sweet quarter: Hershey Co. made a sweet profit this quarter by posting higher-than-expected results amid more competition from the combined Wm. Wrigley Jr. Co. and Mars Inc., a recession and a rise in cocoa costs. - Maria Woehr
2008
And what of that blockbuster Mars-Wrigley deal? David Marcus serves up an analysis.
Meanwhile, Dec. 16: Cadbury to sell Australian unit: British confectionery group Cadbury plc put its last remaining drinks business on the block, announcing plans to sell its Australian Beverages unit after establishing it as a standalone operation. -- Jonathan Braude Dec. 24: Cadbury sells the business to Japanese beer group Asahi Breweries Ltd. for £550 million ($811 million). March 12: Japan's largest beer maker, which will pay about A$1.185 billion ($769.5 million) for the unit.
So who might buy it? The Deal's Kenneth Klee highlighted some ideas.
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Cadbury
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Geezer
- EX ROYAL MAIL
- Posts: 1347
- Joined: 19 Jun 2007, 21:01
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steven100
- Posts: 1391
- Joined: 09 Aug 2009, 12:35
- Gender: Male
Re: Cadbury
No wonder our pension has a deficit. Actually, selling now maybe a good time, maybe it will help our pension
. Depending on how much rm bought the shares. At present they stand at £7.86. But depending on how many shares were bought we are making a £4,000 loss. NO WONDER OUR PENSION IS C***.
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johnsouthwales
- Posts: 833
- Joined: 05 Mar 2009, 19:07
- Gender: Male
Re: Cadbury
made a sweet profit
hope that wasn't a joke tut lol... nothing suprises me anymore. is there a logic to this 20% ownership? would have been better investing in it's own company. bit like a pub landlord going elsewhere for a few pints on a regular basis
hope that wasn't a joke tut lol... nothing suprises me anymore. is there a logic to this 20% ownership? would have been better investing in it's own company. bit like a pub landlord going elsewhere for a few pints on a regular basis
and here comes avi cohen! oh i say! at the same end, he's got one back!!