Tag Archives: Cadbury

Kraft turns tail, MPs tell tales

MPs have published a report this week, from the Business and Enterprise Committee, wagging fingers at Kraft for closing Somerdale after it promised otherwise. Did anyone old enough to spell ‘business’ actually think Kraft weren’t going to slash costs as quickly as they could? As the song goes, the first cut is the deepest. Does […]

Chocolate’s poacher or gamekeeper?

Unless you’ve been on Mars this week, you’ll know all too well that Kraft have now purchased Cadbury. Well, it now turns out that Goldman Sachs, Morgan Stanley and UBS, hired by Cadbury, are – thanks to the purchase – to be paid more than if they’d successfully defended the hostile takeover. It’s easy to […]