Business News

摘要

After several months of negotiations, U.K.-based confectionery company Cadbury has accepted an offer to be purchased by U.S.-based Kraft Foods.rnThe final offer was 840 pence per share (of which 500 pence would be in cash) plus a special dividend of 10 pence per share. This amounts to approximately ￡11.9 billion (US$19.4 billion).rnThe European Commission had previously cleared Kraft's proposed takeover of Cadbury, saying a tie-up between the two companies would not hurt competition, with the provision that Kraft sell off Cadbury's Polish and Romanian chocolate businesses.