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Kraft Foods, Cadbury agree $18.9 Billion Deal
Saudi Press Agency Published in Saudi Press Agency on 19 - 01 - 2010

Kraft Foods Inc. says the Board of Cadbury PLC has accepted and recommended to shareholders an improved takeover offer worth $18.9 billion, according to The Associated Press.
Kraft said in a statement Tuesday that Cadbury's board had unanimously endorsed the offer worth 840 pence per share.
The revised offer is for 500 pence cash and 0.1874 new Kraft shares for each Cadbury share.
Kraft's previous offer of 10.5 billion pounds ($17.1 billion) valued Cadbury at about 770 pence.

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