Cadbury Kraft crunch

The deadline for Cadbury shareholders to accept a £11.5bn ($18.9bn) offer from Kraft is 1pm today.

Staff from Cadbury factories across Britain will gather in central London today to lobby ministers’ support over jobs and investment guarantees. Cadbury’s Hillsborough plant employes 800 people.

Meanwhile, Unite union has urged the Kraft to make its intentions for the future of the workforce clear amid fears that the American firm will slash jobs to recoup the expenditure.

More details here.


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