30 September 2009
Cadbury Notes the Takeover Panel Deadline
Cadbury plc ("Cadbury" or "the Group") notes today's
announcement by the Takeover Panel Executive that it has imposed a
deadline of 5.00pm on 9 November 2009, by which time Kraft Foods
Inc ("Kraft") must, unless the Takeover Panel Executive consents
otherwise, either announce a firm intention to make an offer for
Cadbury under Rule 2.5 of the UK Takeover Code, or announce that it
does not intend to make an offer for Cadbury.
07 September 2009
Cadbury statement in response to Kraft Foods announcement
In response to the announcement by Kraft Foods Inc. ("Kraft
Foods"), Cadbury plc ("Cadbury" or the "Group") confirms that it
recently received an unsolicited proposal from Kraft Foods
regarding a possible share and cash offer for the Group which is
conditional on, inter alia, financing and due diligence.
03 April 2009
Cadbury Concludes Sale of its Australian Beverages Business
Cadbury plc (“Cadbury”) announces today that it has
completed the sale of the Schweppes Beverages business in Australia
(“Schweppes Australia”) to Asahi Breweries, Ltd for a
cash consideration of approximately £550m (AUD1,185m). Net
proceeds in 2009* after costs and other charges are expected to be
around £475m and will be used to reduce Cadbury’s net
debt.
04 March 2009
Cadbury Dairy Milk commits to going Fairtrade
Cadbury and the Fairtrade Foundation today announced plans to
achieve Fairtrade certification for Cadbury Dairy Milk, the
nation’s top selling chocolate bar, by end of Summer 2009.
This groundbreaking move will result in the tripling of sales of
cocoa under Fairtrade terms for cocoa farmers in Ghana, both
increasing Fairtrade cocoa sales for existing certified farming
groups, as well as opening up new opportunities for thousands more
farmers to benefit from the Fairtrade system.