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General News
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Franz Haas acquires DFE Meincke Holding |
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Monday, 04 January 2010 |
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Franz Haas Waffel- und Keksanlagen-Industrie GmbH acquired an 85% stake in DFE Meincke Holding on 22 December 2009.
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Ferrero confirms interest in Cadbury |
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Tuesday, 29 December 2009 |
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Ferrero, the Italian confectionery company, has reiterated interest in joining the bid for U.K. chocolate maker Cadbury. Kraft shares were up 0.8% ahead of the news. Ferrero have issued a statement statement saying it is "still evaluating the possibility of acquiring the British sweets group," according to the U.K. Daily Mail online. Cadbury, in the meantime, has been fighting a hostile $16.3 billion bid from Kraft. This offer stands until January 5th
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Selling a solution |
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Thursday, 17 December 2009 |
 Editor Angus Kennedy visits the restyled Bradman Lake Group and witnesses the changing face of engineering and packaging solutions.
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Kandit of Croatia starts new chocolate production in Osijek |
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Friday, 27 November 2009 |
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The Croatian confectionery producer Kandit has built a brand new plant in Croatia with a total investment of 9.97 million Euros.
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Cadbury may bid for Kraft |
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Thursday, 26 November 2009 |
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Now revenge is indeed sweet. According the The New York Post, Cadbury is considering a counter bid for Kraft. This type of defence is called a Pac-Man defence.
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Cadbury break free as new companies start to circle |
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Monday, 23 November 2009 |
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More companies have now entered the scene and are circling Cadbury on the high winds. What they do not realise is that the shareholders are rather a different breed from what they previously expected. Kennedy’s reported that this would be no easy battle to acquire Cadbury two months ago and once again, it appears to be someone else’s turn to go for the prize - enter Hershey and possibly Fererro and Nestle as well.
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Kraft Launch Hostile bid for Cadbury |
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Monday, 09 November 2009 |
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Kraft have launched a £9.8 billion hostile bid for Cadbury. In a statement this morning Cadbury have said that the bid has been 'emphatically rejected', which is being put forward to its shareholders.
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Cadbury shares up 5p |
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Monday, 09 November 2009 |
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Monday 9th November - Cadbury shares are up 5 pence this morning as the potential that there may be a final bid pushes up their value as we get to the last stages of the bidding process.
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Barry Callebaut Buys Nederland's Chocovic in Spain |
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Friday, 06 November 2009 |
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Barry Callebaut, has signed an agreement with the Nederland Group to acquire Spanish chocolate maker Chocovic, S.A.
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Kraft Deal on the melt |
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Friday, 06 November 2009 |
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Deal or No Deal? As early as the October 09 issue of Kennedy’s
Confection issue we predicted that this would be a quite a battle and it would not be entirely straightforward. Recent reports suggest that Kraft would need to increase its offer up to £9.00 (from £7.45). It currently looks as though they are not prepared to pay more than £8.00 per share. What with recent comments on Kraft remaining ‘disciplined’ by their CEO, Kraft’s bid may look like it is on the melt. It's unlikely the astute company that it is, that Kraft will go much over £8.00, which means that the deal is looking like it's increasingly likely not to go through.
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Kennedys storms ahead with SiebertHead with new branding for 2010 |
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Thursday, 05 November 2009 |
 Kennedy’s
spend a lot of time writing about other people’s brands, and of course
all brands of all products constantly need to be revitalised and
refreshed to ensure they are up to date and continue to be relevant for
the target audience.
Kennedy’s has teamed up with SiebertHead of the UK, one of the world’s
leaders in branding to create a world class new-look for Kennedy’s
Confection magazine for 2010. Commenting on the new look issue, Angus Kennedy of Kennedy’s added
“Next year Kennedy’s will celebrate its 120th anniversary and the new
branding for both the company and magazine"...
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Australian CMA closes to join (AI) |
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Thursday, 05 November 2009 |
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The Confectionery Manufacturers of Australasia (CMA) has ceased operating as a stand alone association.
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