Cadbury's Looking for a Sweet Deal for Beverages ; Confectionery

Birmingham Post › June 14, 2007

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Summary

Rival bidding groups are planning to submit offers tomorrow to acquire Cadbury's US beverage unit, sources have claimed.

At least two bids are expected, both around the pounds 8 billion mark and both likely to be backed by private equity.

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Extract

Cadbury's Looking for a Sweet Deal for Beverages ; Confectionery

Cadbury, the world's biggest confectionery company, plans to consider the proposals before outlining its strategic plans and cost- cutting initiatives on June 19, the sourc...

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