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.

NORTHFIELD , Ill., May 14 (UPI) -- Kraft Foods Inc. Chief Executive Officer Irene Rosenfeld said the Northfield, Ill., food giant will raise prices this year.

LONDON, Oct. 10 (UPI) -- Cadbury Schweppes PLC, the British confectionery and beverage company, announced Wednesday it will spin off its beverage business rather than sell it.

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.

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.

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.

NORTHFIELD, Ill., June 26 (UPI) -- Kraft Foods Inc. of Northfield, Ill., has replaced its chief executive, Roger K. Deromedi, effectively immediately, the company said Monday. Deromedi has "mutually agreed with the board to leave the company to pursue other interests," the statement said.

LONDON, April 25 (UPI) -- Britain's Cadbury Schweppes PLC, the world's third-largest soft drinks group, has bought control of the Dr Pepper/Seven Up Bottling Group, for $353 million.

LONDON, Nov. 21 (UPI) -- Britain's Cadbury Schweppes PLC said Monday it was selling its non-core European beverage business for $2.2 billion.

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.