Nestle may consider a bid for Cadbury: Bloomberg
Nestle may consider a bid for Cadbury: Bloomberg
Nestle declined to comment but analysts view Nestle as potential suitor for Cadbury.

Zurich: Swiss food giant Nestle may consider a bid for Britain's Cadbury to challenge a hostile 9.9 billion pound bid by Kraft Foods Inc and a potential move by Hershey, Bloomberg reported on Sunday.

Nestle is still weighing its options and may decide against a bid, Bloomberg said, citing two unnamed people with knowledge of the matter.

Nestle declined to comment.

Italian chocolate maker Ferrero and US-based Hershey have teamed up and said on Wednesday they were reviewing a possible offer for Cadbury.

Analysts view Nestle as a potential suitor for Cadbury.

What's your reaction?

Comments

https://tupko.com/assets/images/user-avatar-s.jpg

0 comment

Write the first comment for this!