Kraft Foods Inc does not need to sell operations like Oscar Mayer hot dogs, Maxwell House coffee or any of its other brands to afford its $16 billion bid for British confectioner Cadbury, Kraft said on Tuesday.
Reuters
Tuesday, September 15, 2009
Kraft: No need to sell assets for Cadbury bid
Buzz around Kraft hopes to purchase Cadbury continue. Recent rumors suggest they may need to sell some of the brands currently in the portfolio to raise cash. Kraft is disputing these rumors for now ...
Reuters
Reuters
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