Kraft Gets 71.73% Cadbury Acceptances
03 February 2010 - 4:32AM
Dow Jones News
Kraft Foods Inc. (KFT) said Tuesday it has received valid
acceptances of itsoffer for Cadbury PLC (CBY) in respect of
987,684,041 shares or 71.73% of the existing issued share capital
of Cadbury.
MAIN FACTS:
-All of the conditions to Kraft's recommended final offer have
been satisfied or waived and offer is wholly unconditional.
-Final offer will remain open until further notice and at least
14 days' notice will be given if Kraft Foods decides to close the
final offer.
-After Cadbury shares are delisted, Cadbury will be
re-registered as a private company.
-By London Bureau, Dow Jones Newswires; Contact Ian Walker; +44 (0)20 7842 9296; ian.walker@dowjones.com
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