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Berkshire opposes Kraft issuing shares for deal

Jan. 5, 2010
Billionaire Warren Buffett's Berkshire Hathaway Inc. says it voted against food maker Kraft Inc.'s proposal to issue 370 million shares to finance its bid for British candy maker Cadbury PLC. Kraft has offered $16.5 billion in cash and stock for Cadbury,...
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Kraft rustles up some cash for Cadbury

PARIS, Jan. 5 (UPI) -- U.S. food giant Kraft said it had increased its cash offer to Cadbury, the British chocolate maker that has already rebuffed its $16 billion bid.

Kraft turns hostile in pursuit of Cadbury

LONDON, Nov. 9 (UPI) -- U.S. food giant Kraft said it would turn to shareholders to decide the fate of Cadbury, which rejected a $16.3 billion purchase offer from Kraft in September.

Kraft remains focused on Cadbury

NORTHFIELD, Ill., Nov. 4 (UPI) -- U.S. food giant Kraft said it would continue to pursue Cadbury, and called for a "disciplined approach" in its quest for the chocolate maker.

Kraft given ultimatum on Cadbury

LONDON, Sept. 30 (UPI) -- The Takeover Panel in Britain has given Kraft Food Inc. until November 9 to make its intentions clear regarding a possible takeover of Cadbury PLC.

Kraft says it will pursue Cadbury

BOSTON, Sept. 9 (UPI) -- Kraft Foods Inc. Chief Executive Officer Irene Rosenfeld said Wednesday that Kraft would continue to pursue Cadbury PLC, the British confectionery maker.

Cadbury rejects Kraft merger offer

LONDON, Sept. 7 (UPI) -- British chocolate maker Cadbury PLC Monday said it rejected a $16.7 billion merger offer from U.S. foods manufacturer Kraft Foods Inc.

Cadbury to split candy, drinks businesses

LONDON, March 15 (UPI) -- Cadbury Schweppes PLC will separate its candy and drinks business, the British company said Thursday. The announcement came two days after Cadbury said U.S. financier Nelson Peltz had taken a 2.98 percent stake in the company.

Analysts: Peltz may push for Cadbury split

LONDON, March 14 (UPI) -- Nelson Peltz's stake in Cadbury Schweppes PLC may lead the U.S. financier to push the candy maker to ditch its soft-drinks brands, analysts say.

Kraft pays $1.1B for British cookie maker

LONDON, July 10 (UPI) -- Kraft Foods Inc. will spend about $1.1 billion to buy Britain's iconic United Biscuits, a noted maker of cookies.

Kraft to part with popular confections

NORTHFIELD, Ill., Oct. 16 (UPI) -- Kraft Foods, based in Northfield, Ill., has put its Altoids mints and Life Savers candy brands up for sale, the Chicago Sun-Times reported Saturday.
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French Open tennis in Paris
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Russian Maria Sharapova signs autographs after winning her French Open womens first round match against Romanian Alexandra Cadantu at Roland Garros in Paris on May 29, 2012. Sharapova defeated Cadantu 6-0, 6-0 to advance to the next round. UPI/David Silpa