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March 21, 2010
Kraft nears deadline to raise Cadbury offer

Shareholders in British candy maker Cadbury PLC are looking for a fat increase in the hostile takeover bid by Kraft Foods Inc., as Kraft faces a Tuesday deadline for changes to its bid.
Kraft`s Cadbury takeover may put 30K jobs at risk: Unite

Britain`s largest workers union Unite has warned that some 30,000 jobs would be put at risk if US-based Kraft Foods takes over Cadbury and the UK confectioner would be saddled with a 22 billion pound debt.
Hershey preparing counter-bid for Cadbury, says FT

US confectioner Hershey Co is preparing a bid for British chocolate maker Cadbury, that will counter US-based Kraft Foods` 10.4 billion pound hostile offer, media reports says.
Kraft to sweeten its hostile 10 bn pound Cadbury bid: Report

The American food giant Kraft is likely to sweeten its hostile 10-billion-pound takeover bid for the British chocolate maker Cadbury, says a media report.
Kraft says won`t overpay for Cadbury as revenue misses

Kraft Foods Inc said it would not overpay for British chocolatier Cadbury Plc on Tuesday after disappointing investors by posting weaker-than-expected quarterly revenue and cutting its full-year sales forecast.
Kraft quarterly results could make a case to Cadbury

Kraft Foods Inc will need to show progress in cutting costs and improving organic revenue when it reports earnings on Tuesday, in a bid to convince Cadbury shareholders it is a viable deal partner.
Cadbury rejects Kraft Foods` takeover bid

Britain`s Cadbury, the world`s second biggest confectionery group, has rejected a USD 16.7 billion bid approach by Kraft Foods Inc but North America`s biggest food group still hopes it can clinch a deal.
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