6 result(s) displayed (1 - 6 of 6):

Kraft-Cadbury EC approval is no sweat (from Corporate Dealmaker)

If Kraft Foods Inc. (NYSE:KFT) raises its hostile offer for British confectioner Cadbury plc (NYSE:CBY), which it seems hedge fund manager John Paulson is betting on, European Commission approval is likely. So says Peter King, a corporate partner at Weil, Gotshal & Manges LLP. On Nov. 11, the commission...

Posted on November 12, 2009 4:39 PM

Cadbury clears things up, somewhat (from Corporate Dealmaker)

After all the hubbub and possible interest from the U.K.'s Takeover Panel over what Cadbury plc (NYSE:CBY) chief executive Todd Stitzer may or may not have said, the British confectioner issued a statement hoping to clear all doubts about Cadbury's feeling about a takeover by Kraft Foods Inc. (NYSE:KFT).:For the...

Posted on September 25, 2009 2:45 PM

Is Heinz hungry for acquisitions in emerging markets? (from Corporate Dealmaker)

It looks like H.J. Heinz Co. is hungry for acquisitions. At the annual shareholders' meeting, Heinz chairman, president and CEO William Johnson said the company was interested in acquiring in "the developed and developing world." There is a strong likelihood that Heinz might make acquisitions in emerging markets as company...

Posted on August 13, 2008 12:25 PM

Kraft's earnings up as restructuring continues (from Corporate Dealmaker)

Kraft Foods Inc.'s reported net revenues increased 21.4% to $11.2 billion in the first quarter of 2008, a sign that it's three-year restructuring plan is going accordingly. Management is expecting flat margins and an increase in profit by the end of the year. The impressive results come amidst high prices...

Posted on July 28, 2008 11:22 AM

Some deal clues from Kraft during first-quarter earnings call (from Corporate Dealmaker)

What deals will Kraft Foods Inc. do?The question -- which had engaged the consumer products world even before the food giant's spinoff from Altria last year -- gained new urgency this week after the Mars Inc.-Wm. Wrigley Jr. Co. deal was announced.  Wednesday morning the company offered a hint or two,...

Posted on April 30, 2008 1:22 PM

Danone divests, acquires, makes peace--and big profits (from Corporate Dealmaker)

France's Groupe Danone SA's 2007 net income soared 309%, from 1.4 billion euros ($2 billion) in 2006 to 4.2 billion euros. This came from a whirlwind month in July, where Danone sold its cookies and cereals business to Kraft Foods Inc. for 5.3 billion euros. That deal, from which they...

Posted on February 14, 2008 1:15 PM