Cadbury takeover: a krafty manoeuvre | Practical Law

Cadbury takeover: a krafty manoeuvre | Practical Law

On 2 February 2010, Kraft Foods Inc. announced that its recommended final offer for Cadbury plc had become wholly unconditional, bringing to an end Kraft’s campaign (resisted until the 11th hour) to take over the Quaker-established chocolate maker. Of particular interest was the interplay between US and UK securities rules that were triggered during the bid process.

Cadbury takeover: a krafty manoeuvre

Practical Law UK Articles 1-501-5227 (Approx. 5 pages)

Cadbury takeover: a krafty manoeuvre

by Joanna Morris, PLC
Published on 24 Feb 2010United Kingdom, USA
On 2 February 2010, Kraft Foods Inc. announced that its recommended final offer for Cadbury plc had become wholly unconditional, bringing to an end Kraft’s campaign (resisted until the 11th hour) to take over the Quaker-established chocolate maker. Of particular interest was the interplay between US and UK securities rules that were triggered during the bid process.