Kraft Is Investigated Over Cadbury's Buyout ; the World Inbrief

Summary


KRAFT is under investigation by UK regulators over whether it misled Cadbury employees and investors in its battle to take over the confectioner.

The US food giant has attracted strong criticism for changing its mind over keeping open a Cadbury factory near Bath, which is now set to close with the loss of hundreds of jobs. According to reports in the Wall Street Journal, the City's takeover panel is looking into comments made by Kraft executives during the buyout.

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Kraft Is Investigated Over Cadbury's Buyout ; the World Inbrief

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