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Cadbury could face bid from Kraft

Updated on 09 November 2009

Source PA News

Dairy Milk maker Cadbury is set to face a hostile takeover bid from US food giant Kraft .

Cadbury first rejected a £10.2 billion proposal from the maker of Toblerone, Oreos biscuits and Dairylea in September.

But Kraft - which has until 5pm on Monday to table a firm offer or walk away under takeover rules - will bypass the company's board and appeal directly to shareholders, according to weekend reports.

These news feeds are provided by an independent third party and Channel 4 is not responsible or liable to you for the same.

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