US chocolate maker Hershey is culturally a good match for Cadbury, the British confectioner's chief executive said in an interview out Saturday. Todd Stitzer told the Financial Times newspaper that the ethical values of the US brand tied in with Cadbury. Hershey and Italian peer Ferrero said Wednesday they were considering bids for Cadbury, in a move which whipped up a takeover...
Todd Stitzer, Cadbury chief executive, has signalled support for a possible tie-up with Hershey, declaring the US confectioner would be a better fit with the British...
TODD STITZER, chief executive of Cadbury, has signalled his support for a possible tie-up with Hershey, declaring the US confectioner would be a much better cultural fit with the British chocolate maker than Kraft, the food conglomerate launching a hostile bid.
Just over two years ago, in a speech at Springfield College, Massachusetts, Todd Stitzer, Cadbury's chief executive, explained why he had given up a career at a New...
The world of candy making is becoming a bit ruthless as companies vie for greater market share. Confectionery companies are fighting to acquire a major candy maker, and related exchange traded funds (ETFs) could benefit from the greater market efficiency. Kraft Foods’ (NYSE: KFT) ambition to...
The amount of rumours this advert caused when first aired was brilliant. My favourite was that it is actually Phil Collins in the gorilla outfit. I am told it's got something to do with the eye's.
Hershey, Pennsylvania, Nov 26: To LeRoy Zimmerman, the taste of chocolate will always mean Hershey's. 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 chocolatier Cadbury Plc.
LONDON (Reuters) - A Cadbury workers union met on Wednesday with U.S. suitor Kraft Foods to discuss jobs, pensions and working conditions, said a union official, who called the discussions "constructive."
How Hershey Can Thread the Cadbury Needle - Deal Journal - WSJ: "Hershey must secure majority economic control of the combined entity while trying to minimize its total leverage. At the same time, it ideally wants to preserve its own dual-class structure so that the Trust that controls Hershey retains an economic interest above a 15% threshold as well as significant voting control."Interesting...
Cadbury dropped us a line to let us know they're in the midst of delivering 5,000 bicycles to Ghana, Africa. As the video advert above shows the bikes will likely see use as delivery vans, ambulances, water trucks and school buses, as they are used by up to 216 communities.... Read the full story on TreeHugger
LONDON (Reuters) - Union officials are set to meet American giant Kraft Foods later on Wednesday to seek assurances over jobs, pensions and working conditions should its plans to take over Cadbury Plc succeed.