Goodbye to anothe UK business

@pete wrote:

Why do Cadbury want to sell

My understanding is that Cadbury the company doesn’t want to sell, however they were subject to 2 hostile takeover bids, 1 from Hershey, 1 from Kraft. Hershey have dropped out but Kraft are still pursuing the bid and it has reached the stage that the offer has increased to a level where Cadbury have to put the bid to their shareholders, indeed they have to recommend it as on paper it is a good offer. It is still technically possible for the shareholders to reject the bid but given that there are sufficient US shareholders to give Kraft a majority, plus the short-term investors who will be looking to make money on their investment quickly, it seems that is unlikely to happen.

What’s interesting is that there is hardly anyone who sees the deal as a good move, whether from Cadbury’s perspective or Krafts’ perspective – in fact Warren Buffet, one of the world’s richest men and the largest stakeholder in Krafts, has condemned it as a bad move and said that if he could vote he’d vote against it. So the question is, given the increase in debt that will be incurred by Kraft to make this purchase, why are they so set on taking over Cadbury?

american companies often buy british ones simply to get their hands on our know how , then sell again or even close them down

Little Willy gets chocolate confiscated from his lunch box on a daily basis. If he gets heart disease, type 2 diabetes, dental cavities, obesity, it isnt his parents fault, its my fault, because we get blamed for everything!!

By the way Ann Summers does a gorgeous chocolate willy, very reasonably priced! lol

@pete wrote:

@brigitte wrote:

Little Willy gets chocolate confiscated from his lunch box on a daily basis. If he gets heart disease, type 2 diabetes, dental cavities, obesity, it isnt his parents fault, its my fault, because we get blamed for everything!!

discuss :lol:

I’m a teacher Pete, thats why its my fault

How can we lower prices without being able to buy wholesale lower? Most CTN’s have a profit margin inbetween 18-22%. It would be impossible to sell a choccie 15p less than recommended, unless we are able to buy cheaper ourselves. It also pee’s me off how many people complain about shop prices but will quite happily buy at petrol stations paying way way over the RRP’s on most items and probably 50p plus on ciggie RRP’s.