Kraft Cadbury chocolate deal – Does it hold promise?
After months of resistance, Cadbury finally accepted the offer in Jan this year at a higher price of 840 pence a year, thus valuing the company at US$ 18.9 bn. The deal comprises of 500 pence cash and 0.1874 new Kraft shares for each Cadbury shares. Earlier Kraft had proposed a price of 745 pence… Read More »