In 2009, Kraft Foods, based in the USA, launched a successful, hostile takeover bid of Cadbury...

 

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In 2009, Kraft Foods, based in the USA, launched a successful, hostile takeover bid of Cadbury Plc, based in the UK. This question refers to the 2009 takeover bid and the events following the bid. [Note: Although in class you discussed the takeover of Cadbury plc by Kraft Foods in 2009, and the demerger/spin-off of Kraft Foods into Kraft Foods and Mondelez International in 2012, and the subsequent merger between Kraft and Heinz in 2015. The questions below only relate to the takeover of Cadbury by Kraft, in 2009. You can disregard the events of 2012 and 2015 for this exam] REQUIRED Critically assess the potential sources of synergy between Kraft Foods and Cadbury Plc, which may result in additional value for the combined company. (12 marks) (a) Critically discuss the need for a regulatory environment to control mergers and (b) acquisitions (M&A) activity in the arena of corporate control, and whether the Cadbury Plc acquisition resulted in important changes to the UK's M&A regulatory environment. (8 marks) In 2009, Kraft Foods, based in the USA, launched a successful, hostile takeover bid of Cadbury Plc, based in the UK. This question refers to the 2009 takeover bid and the events following the bid. [Note: Although in class you discussed the takeover of Cadbury plc by Kraft Foods in 2009, and the demerger/spin-off of Kraft Foods into Kraft Foods and Mondelez International in 2012, and the subsequent merger between Kraft and Heinz in 2015. The questions below only relate to the takeover of Cadbury by Kraft, in 2009. You can disregard the events of 2012 and 2015 for this exam] REQUIRED Critically assess the potential sources of synergy between Kraft Foods and Cadbury Plc, which may result in additional value for the combined company. (12 marks) (a) Critically discuss the need for a regulatory environment to control mergers and (b) acquisitions (M&A) activity in the arena of corporate control, and whether the Cadbury Plc acquisition resulted in important changes to the UK's M&A regulatory environment. (8 marks)

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in 2009 US food company Kraft Foods launched a hostile bid for Cadbury the UKlisted chocolate maker As became clear almost exactly two years later in August 2011 Cadbury was the final acquisition nece... View the full answer