The Hershey Company

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Hershey, Ferrero mull Cadbury takeover bid

AFP Global Edition 22 days ago

<div><p>US chocolate maker Hershey and Ferrero of Italy said on Wednesday they were mulling a potential counter-bid for British confectioner Cadbury, the object of a hostile offer from Kraft Foods.</p><p>The jostling for position could herald a big change in the world of ...

Chocolate groups Hershey, Ferrero eye Cadbury

AFP Global Edition 22 days ago

<div><p>US chocolate maker Hershey and Ferrero of Italy said on Wednesday they were mulling a potential counter-bid for British confectioner Cadbury, the object of a hostile offer from Kraft Foods.</p><p>The news could remould the chocolate-making sector with a takeover costing more than ...

Chocolate war looms as Hershey, Ferrero mull Cadbury bid

AFP American Edition 22 days ago

<div><p>US chocolate maker Hershey and Italian peer Ferrero said Wednesday they are considering a bid for British confectioner Cadbury, in a move which would whip up a takeover war with Kraft Foods.</p><p>The news could remould the chocolate sector with a takeover costing ...

Ferrero, Hershey weigh Cadbury split - source

Reuters US Online Report Business News 22 days ago

<div><p>PHILADELPHIA/LONDON (Reuters) - Cadbury Plc &lt;CBRY.L&gt; suitors Ferrero and Hershey Co &lt;HSY.N&gt; have weighed breaking the UK confectioner up into separate businesses as part of a friendly, all-cash bid, a source familiar with the situation said on Friday.</p><p> ...

Nestle seen weighing possible Cadbury bid: report

Reuters US Online Report Business News 22 days ago

<div><p>ZURICH (Reuters) - Swiss food giant Nestle &lt;NESN.VX&gt; may consider a bid for Britain's Cadbury &lt;CBRY.L&gt; to challenge a hostile 9.9 billion-pound bid by Kraft Foods Inc and a potential move by Hershey, Bloomberg reported on Sunday.</p><p> ...

Kraft weighs higher Cadbury bid as rivals circle: source

Reuters US Online Report Business News 22 days ago

<div><p>PHILADELPHIA (Reuters) - Kraft Foods Inc &lt;KFT.N&gt; may raise its offer for British chocolatier Cadbury Plc &lt;CBRY.L&gt; or offer more cash in its bid if rival takeover offers emerge, a source familiar with the situation said on Sunday.</p><p>Kraft ...

Cadbury hits new high as bidders circle

Reuters US Online Report Business News 22 days ago

<div><p>LONDON (Reuters) - Speculation about a bid battle for Cadbury &lt;CBRY.L&gt; among Kraft Foods &lt;KFT.N&gt; and other rivals lifted shares in the British confectioner to a new high on Monday but analysts doubt whether a competing bid will emerge.</p><p> ...

Hershey Trust head's quandary: a kiss for Cadbury?

Reuters US Online Report Business News 22 days ago

<div><p>HERSHEY, Pennsylvania (Reuters) - To LeRoy Zimmerman, the taste of chocolate will always mean Hershey's.</p><p>But now the head of the charitable trust that controls the Hershey Company must contemplate a risk-everything deal that would tie its fate to the much larger British ...

Kraft still favorite for Cadbury deal: Bernstein

Reuters US Online Report Business News 22 days ago

<div><p>LONDON (Reuters) - Kraft Foods Inc &lt;KFT.N&gt; is favorite to take over Cadbury Plc &lt;CBRY.L&gt; despite interest from Hershey Co &lt;HSY.N&gt; and Ferrero, and talk of Nestle SA &lt;NESN.VX&gt; involvement, said analyst Andrew Wood at ...

Kraft starts clock on unchanged Cadbury bid

Reuters US Online Report Business News 22 days ago

<div><p>LONDON/CHICAGO (Reuters) - Kraft Foods &lt;KFT.N&gt; made its formal $16.1 billion offer to Cadbury &lt;CBRY.L&gt; shareholders, triggering a two-month takeover fight for the chocolate maker and a frosty response from Britain.</p><p>As the battle got under way ...

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