{"id":136856,"date":"2010-01-04T17:06:00","date_gmt":"2010-01-04T22:06:00","guid":{"rendered":"http:\/\/www.businessinsider.com\/nestle-and-kraft-on-the-brink-of-a-cadbury-bidding-war-2010-1"},"modified":"2010-01-04T17:06:00","modified_gmt":"2010-01-04T22:06:00","slug":"kraft-and-nestles-cadbury-bidding-war-has-john-paulson-laughing-all-the-way-to-the-bank","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/136856","title":{"rendered":"Kraft And Nestle’s Cadbury Bidding War Has John Paulson Laughing All The Way To The Bank"},"content":{"rendered":"

\"cdy\"<\/p>\n

John Paulson must be grinning.<\/p>\n

After doubling down<\/a> on Cadbury shares, and having other funds jump on the band wagon<\/a>, he’s now watching as speculation mounts that a Nestle-Kraft bidding war could erupt over the British candy maker.<\/p>\n

Even as Cadbury shares tear past Krafts last offer price<\/a> for the company already.<\/p>\n

Guardian:<\/a> The prospect of a bidding war erupting for Cadbury appeared to increase today when Nestlé sold its stake in the eye-care group Alcon for $28bn (£17bn), giving it a potential war chest to enter the fray.<\/p>\n

There has been widespread speculationthat that Nestlé, the maker of KitKat chocolate bars and Nescafe coffee, could play a role in the contest for Cadbury, though the company has steadfastly refused to comment. Shares in Cadbury today closed 7.5p higher at 805p.<\/p>\n

Read more here.<\/a><\/p>\n

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