Kraft Foods is reportedly preparing a hostile bid for Cadbury three weeks after the confectionery company rejected a £10.2bn ($16.7bn) offering.
Cadbury has approached the UK’s Takeover Panel, asking it to impose a deadline for Kraft to make an offer.
Cadbury has given a confident presentation of its stand-alone strategy in the midst of speculation that the company is unlikely to hold onto its independence following Kraft’s failed take-over bid....
Cadbury has labelled Kraft “a low growth conglomerate” in a letter restating its rejection of the food giant’s £10.2bn ($16.7bn) takeover bid.
This week, Kraft posts a slight rise in first quarter sales, while Fonterra gets Vatican approval to expand its presence in South America.
Kraft Foods said it had cut salt by nine per cent in its Dairylea Lunchables kids product, meeting pressure from the UK government and campaign groups.
French dairy group Danone has seen shares rise after rumours again surfaced that the firm may be taken over by a foreign company, this time Kraft Foods.
US food firm Kraft has launched a customer-led research and development programme, in a bid to re-engage with consumers and tap growing health and wellness trends.
Kraft Foods has recorded stable first quarter results, masking falling operating income with a favourable tax settlement and raising prices to combat spiralling production costs.
Kraft Foods has announced plans for a major European reshuffle and a string of acquisitions, as US parent company Altria segregates the food producer from its ailing tobacco subsidiary.
Kraft Foods, the US snack and dairy firm, has agreed to remove all genetically modified ingredients from its products in China, in a sign anti-GM attitudes are on the increase.
Kraft Foods, one of the world's largest food producers, has begun selling melted cheese in Russia and has an aggressive expansion plan to become a leading player within seven years.
Against a backdrop of conflicting claims, a controversial pressure group has dropped Kraft from a lawsuit over misleading advertising after the firm agreed to update its consumer information.
Kraft Foods, the world's biggest food company, has announced its US operation is to provide consumers with more nutritional information about its products - a precedent already set by its...
Kraft Foods' earnings fell for the fifth straight quarter as higher commodity costs and retail price pressures took their toll.
Kraft Foods announced today that in the next few days a number of its products will be branded as "South Beach diet recommended", as it attempts to cash in on...
Kraft Foods has commissioned an innovative food wastewater treatment facility at a US cheese plant, which it claims will reduce waste by more than 90 per cent, writes Anthony Fletcher.
France's dairy group Lactalis has acquired the Italian cheese maker Invernizzi from Kraft Foods, leaving the US group to concentrate on cutting prices and increasing...