Beverly Hills 11/18/2009 6:31:51 AM
News / Business

Hershey and Ferrero May Be Teaming Up For Cadbury Bid

Finance World News Update by EQUITIES Magazine

Italian chocolate maker Ferrero might team up with U.S. chocolate company Hershey to create a joint bid for Cadbury PLC. According to the Wall Street Journal, executives from the two companies have been in talks for several weeks.

If the offer from the chocolate makers does come forward, it would be the first competing bid in Kraft Foods’ effort to acquire the UK candy company.

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