Posts Tagged ‘City takeover panel’
Kraft VP to be questioned over Cadbury factory closure
Marc Firestone, vice-president of US food giant, Kraft, will appear before MPs on the Business Select Committee today.
Mr Firestone will be questioned by MP’s over the company’s takeover of Cadbury. Kraft completed its takeover of the 186-year-old iconic British confectioner on 2 February after a five-month battle.
Earlier this month, the US food giant was investigated [...]
Kraft facing inquiry over Cadbury factory closure
US food giant, Kraft, is set to be investigated by the City takeover panel about whether it made misleading comments at the time of its takeover of British confectioner, Cadbury.
Kraft, which made several hostile bids for Cadbury before shareholders finally agreed to a deal, initially said a takeover of Cadbury would secure UK jobs, while [...]