It was getting axed anyway. Kraft have said they will keep it. So Kraft has a better chance of keeping it open than cadburys.
Goodbye Cadbury
- Thread starter POB
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It was getting axed anyway. Kraft have said they will keep it. So Kraft has a better chance of keeping it open than cadburys.
It's sad that Kraft are basically going to pay for the purchase of Cadbury's through taking on the debt, which will be paid back... from the profit in Cadbury's and cost savings therein.
It is sad because it's not just another random company - it's Cadbury's and they are a British institution.
It is sad because it's not just another random company - it's Cadbury's and they are a British institution.
To be fair, pension funds hold vast amounts of shares as part of having a diverse portfolio of investments. IIRC one of the major shareholders of Cadbury is a pension fund.
Soldato
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The americans use super cow genetic milk or something dont they?
I thought cadbury chocolate was banned in some european countries as it is not considered chocolate as per traditional methods, in fact it's is utter tripe as far as chocolatiers are concerned therefore bye bye cadbury and good riddance 
What comes around goes around. Cadbury bought and took over a lot of factories on the continent wrecking taste of good local chocolate brands (let's face it, to anyone used to German/Swiss chocolate, Cadbury's stuff tastes too cheap, sugary and choco drink like) and now the Yanks will turn the tables again.
Associate
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I suppose this does open opportunities for new local chocolatiers to grow their businesses. Cadbury had a bit of a monopoly over the UK market but I imagine that share will shrink a bit once consumers realise it's not the same stuff anymore, they might try some new things like Willie's delectable (really hard to find in shops at the moment and I only live 7 miles from where it's produced!)
Soldato
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Does this mean no more Wispas!!!!!????
I was just enjoying having them back
I was just enjoying having them back
When will we ever see British companies purchasing foreign companies? It never seems to happen, just the continual sell off of our industries
There was one, RBS bought Dutch bank ABN Amro ... hmm
Of course, it's business. It'll certainly benefit them in the short term but there's no gurantee it will in the long term.
Soldato
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So **** everyone else?
The consumers, the staff, the local community, the suppliers and pretty much all the stakeholder?
A good business will care about more than how much money the shareholders are making and be able to operate in a way where they still please the shareholders.
Shareholders want maximum returns. Some classicists even suggest it is unethical not to maximise profits. Not all stakeholders can be kept happy at the same time, often because they conflict. The situation you talk of simply rarely exists, if ever at all. At least not in Anglo-American markets. Business would be too easy if it did.
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