Cadbury Chairman Roger Carr, CEO Todd Stitzer and CFO Andrew Bonfield have announced their resignation following the takeover by Kraft. All had continually rejected Kraft’s attempts to buy their company, referring to the US food group as ‘a low-growth conglomerate’. It comes after Kraft Foods received 71.7% acceptances from Cadbury shareholders to seal its £11.7 billion takeover in a deal that will create the world's largest confectionery group.
The sweet life will once again be celebrated in Cologne. On 31 January to 3 February 2010, ISM will celebrate its 40th year and the supplier show ProSweets will be opening its doors for the fourth time. Here's a preview of what you can expect