American snack giant bids $7.2B for Danone's biscuit division
(Newser) -
Kraft moved to elevate its international profile today with a $7.2 billion for Danone's biscuit division, setting up a deal that would make the Oreo manufacturer Europe's largest cookie maker. The polyglot alliance of Ritz crackers and Petit Ecolier biscuits faces numerous obstacles, the Times of London reports, including...