Cadbury to respond to Kraft offer on Dec. 14
December 07, 2009
by Eric Schroeder
LONDON — Cadbury P.L.C. on Dec. 7 said it will post a formal response to Kraft Foods Inc.’s £9.8 billion ($16.3 billion) takeover offer on Dec. 14. On that date, Cadbury said it will host a presentation in London for analysts and investors, which also will include its regular pre-close trading update.
The presentation will be webcast with a question-and-answer session. A copy of the presentation also will be made available at the same time on Cadbury’s web site.