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SUNDAY, NOVEMBER 22, 2009
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NEWS ABOUT: Kraft

Kraft stories: 7 news summaries

 Kraft Makes 
 Hostile Bid 
 for Cadbury 

Offer values UK company at $16.3B

Nov 9, 09 9:07 AM CST
(Newser) - Kraft launched a hostile bid for UK candy giant Cadbury today. The offer values the company at more than $16 billion and asks Cadbury shareholders to accept a merger that its executives rejected, the Wall Street Journal reports. Kraft, which hopes to boost sales by gaining exposure to new markets,... More »

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hostile takeover • Kraft • Cadbury

 Chocoholics Spurn 
 American Cadbury 

Many see right through US bars, actually made by Hershey

Sep 14, 09 2:07 PM CDT
(Newser) - Serious chocolate fans responded warily to the news of Kraft's bid for Cadbury—especially in the US, where aficionados reject the domestic brand anyway. It’s made by Hershey, not the British firm itself, and that just won’t cut it for hardcore devotees of the British brand, the Wall ... More »

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food • Hershey • Kraft Foods • Kraft • chocolate • Britain • taste • Cadbury

MARKETS

 Dow Up 57 on Housing Data 


Jul 1, 09 3:14 PM CDT
(Newser) - Markets were up today on a surging food sector and good data from the manufacturing and housing industries, the Wall Street Journal reports. A key manufacturing activity index jumped from May to June, and an indicator of pending home sales also climbed for the fourth straight month. Amid the... More »

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stock market • NASDAQ • New York Stock Exchange • Dow Jones • Kraft • manufacturing • General Mills • S&P 500 • housing sector

(Newser) - The company responsible for the current pistachio salmonella scare says its product was likely contaminated by raw nuts, not humans or animals, the AP reports. Setton International Foods says roasted pistachios shipped to Kraft could have come in contact with raw nuts at its California plant. The raw pistachios can... More »

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California • salmonella • product recall • Kraft • pistachios • raw nuts • Setton International Foods • roasted

Kraft, Mars, Cadbury Hit by Chinese Tainting Scandal

Melamine concerns prompt recall, probe

Sep 29, 08 9:48 AM CDT
(Newser) - Kraft and Mars are investigating claims by the Indonesian government that products including Oreos, M&Ms, and Snickers imported from China are tainted with melamine, PerthNow reports. The company notes that the products tested melamine-free elsewhere in Asia, and suggests that they could be counterfeit. Still, the firms are supporting... More »

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China • Indonesia • Mars • melamine • Hong Kong • product recall • Cadbury Schweppes • Kraft • candy • Oreo • M&Ms

EU Probes Chocolate Price Fixing

Hershey, Mars, others suspected of conspiracy

Feb 20, 08 6:22 AM CST
(Newser) - The European Commission suspects candy giant Hershey of conspiring with other chocolate and candy manufacturers in an industry-wide price-fixing scheme, AP reports. Both Hershey and rival Mars recently received requests for information from the commission after some 50 civil lawsuits in the US have alleged price fixing. The two companies... More »

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Germany • Mars • Canada • Hershey • conspiracy • Cadbury Schweppes • Kraft • price fixing • chocolate • candy • Nestle • European Commission

Kraft Goes Cookie Shopping in France

American snack giant bids $7.2B for Danone's biscuit division

Jul 3, 07 6:51 PM CDT
(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... More »

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food • European Union • business • Danone • acquisition • Kraft

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