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Cadbury surrenders to foreign takeover

Publié par Clifford Armion le 19/01/2010

Ian King

"The iconic British chocolate manufacturer Cadbury fell last night to an £11.7 billion takeover by the US food conglomerate Kraft.

"The deal, struck after hours of negotiations, brings to a conclusion one of the most fiercely contested takeover battles the City has seen in recent years.

"It also ends a proud history for Cadbury as an independent company. The chocolate maker, famous for brands such as Dairy Milk and Wispa, dates back to 1824 when John Cadbury, a Birmingham Quaker, began selling cocoa-based drinks in his tea and coffee emporium.

"The takeover which Lord Mandelson, the Business Secretary, had strongly opposed is likely to be seen as something of a landmark in the British corporate sector."

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Pour citer cette ressource :

"Cadbury surrenders to foreign takeover", La Clé des Langues [en ligne], Lyon, ENS de LYON/DGESCO (ISSN 2107-7029), janvier 2010. Consulté le 05/03/2024. URL: https://cle.ens-lyon.fr/anglais/archives/archives-revue-de-presse/cadbury-surrenders-to-foreign-takeover