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UPDATE 1-Ferrero, Hershey would likely break up Cadbury-press

Reuters | 3 days 11 hours ago

LONDON/MILAN, Nov 20 (Reuters) - Cadbury (CBRY.L) suitors Ferrero and Hershey (HSY.N) would likely break the UK confectioner up into separate businesses if a mooted bid for the company succeeds, an Italian newspaper reported.... (more)


Oh my gourd, rain may put pumpkin pie in peril

Boston Herald | 3 days 11 hours 36 minutes ago

PORTLAND, Ore. — The holidays may not be so sweet this year. Nestle — which sells nearly all the canned pumpkin in the U.S. — says poor weather hurt its harvest, creating a potential shortage of its Libby’s pumpkin pie products through the holidays. In a statement to customers...... (more)


If these investors are so long-term, why sell?

Times (London), The | 3 days 14 hours 4 minutes ago

Kraft?s bid for Cadbury has not so far triggered the outbreak of patriotic angst that was seen during Nestlé?s battle for Rowntree 20 years ago. The general view has been that if Kraft wants to pay top dollar for the chocolate and gum group, so be it.... (more)


BUSINESS NOVEMBER 20, 2009, 4:39 A.M. ET U.K. Supermarkets Plan Rock-Bottom Holiday Prices

Barron's (subscription required) | 3 days 14 hours 8 minutes ago

LONDON -- The U.K.'s two largest supermarket chains Thursday sparked a price war that is set to escalate in the lead up to Christmas, with Asda Group Ltd. warning that it could be the most aggressive discounting during the key holiday period for a decade.... (more)


Four Ad Age 'hot' brands have Wisconsin ties

American City Business Journals | 3 days 15 hours 22 minutes ago

S.C. Johnson & Son Inc.'s new Off! line and three products with Wisconsin ties ? DiGiorno pizzas, Kettle brand potato chips and Pabst Blue Ribbon beer ? have been named to the latest Advertising Age list of "America's Hottest Brands.... (more)


Free Christmas wrapping paper

Telegraph (London) | 3 days 15 hours 35 minutes ago

Get a free roll of Christmas wrapping paper from Waitrose, worth £3.50. Collect your coupon from The Daily Telegraph this Saturday.... (more)


Ferrero could eye Cadbury gum, candy unit-report

Reuters | 3 days 16 hours 10 minutes ago

MILAN, Nov 20 (Reuters) - Italian chocolate maker Ferrero could be interested in Cadbury's (CBRY.L) gum and candy division, a unit worth about 5 billion euros ($7.4 billion), in a possible joint takeover bid, business daily Il Sole 24 Ore said on Friday.... (more)


Ferrero Values Cadbury's Assets at $7.5 Billion, Has $3 Billion, Sole Says

Bloomberg | 3 days 16 hours 13 minutes ago

Ferrero and Hershey Co. may split up Cadbury's assets after buying the U.K. company, Sole reported. Ferrero is due to meet with advisers Mediobanca SpA and Rothschild in the coming days and with banks seeking a role in financing the transaction, including Intesa Sanpaolo SpA and UniCredit SpA, Sole said.... (more)


Nestle: Pumpkin pie may be in peril | clarionledger.com | The Clarion-Ledger

Clarion-Ledger (Jackson, Miss.), The | 3 days 17 hours 35 minutes ago

PORTLAND, ORE. The holidays may not be so sweet this year.... (more)




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