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  • Kraft Expected to Make Hostile Bid for Cadbury

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Kraft Expected to Make Hostile Bid for Cadbury

Kraft Expected to Make Hostile Bid for Cadbury

Kraft is expected to launch a hostile bid worth close to $17 billion for UK confectioner Cadbury before the 5 pm London time deadline Monday. "Every indication appears to be that Kraft will make a hostile bid, probably somewhere around the original offer they made at the start of September," Jon Cox from Kepler Capital Markets said.

CNBC | November 9, 2009Watch more videos from CNBC

Tags:. .confectioner. .cadbury. .kepler. .kraft. .cox

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