Cadbury and Kraft are in final-stage negotiations that could lead to an agreed cash-and-stock deal of up to £11.7bn ($19bn) for the UK group. A deal, after months of acrimony over the US group’s hostile takeover bid last August, could come as early as Tuesday and would value Cadbury at 850p per share. Lex says Kraft’s improved offer should rule out a counterbid by competitor Hershey.

This entry was posted by Gwen Robinson on Tuesday, January 19th, 2010 at 5:11 and is featured in The 6am Cut London (19 Jan 2010), The 6am Cut London (19 Jan 2010) . Tagged with Cadbury, hershey, kraft. Edit this entry.