Cadbury Sour on Kraft's $16.7B Offer Sep 8, 2009
"This proposed combination is about growth. We are eager to build upon Cadbury's iconic brands and strong British heritage through increased investment and innovation," said Irene B. Rosenfeld, chairman and CEO of Kraft Foods. Cadbury nearly tripled its net profit in the first half of the year as the company pocketed a big gain from the sale of its beverage business and chocolate consumption rose. (CBS News)
Kraft Foods launches 10.2 bln bid for Cadbury Sep 7, 2009
"We are eager to build upon Cadbury's iconic brands and strong British heritage through increased investment and innovation.". She added: "We hope to engage with the Board of Cadbury on a constructive basis with the goal of consummating a recommended transaction.". (Sydney Morning Herald -- World)
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF THAT JURISDICTION Sep 7, 2009
"This proposed combination is about growth. We are eager to build upon Cadbury's iconic brands and strong British heritage through increased investment and innovation. We have great respect and admiration for Cadbury, its employees, its leadership and its proud heritage. As we have done, Cadbury has built wonderful brands by focusing on quality, innovation and marketing, but we believe the next stage in Cadbury's development will be challenging, given the increased importance of scale in the... (PR Newswire)
Burberry May Speed U.S. Growth Amid Deals on New York, Indianapolis Space Sep 5, 2009
The brands sales in the Americas are growing faster than any other region as the appeal of its plaid patterns, British heritage and Brit perfume resists the recession in the U.S.. They are behind in geographical presence compared to all the main players like LVMH, so to expand in the U.S. market makes sense, , an analyst at Standard & Poors Equity Research in London said by phone. (Bloomberg -- UK)
A health care prescription from Canada Aug 10, 2009
We peacefully share a continent, a British heritage of representative government and now ownership of GM. And, until 50 years ago, we had similar health systems, health care costs and vital statistics. The U.S.' and Canada's different health insurance decisions make up the world's largest health policy experiment. (Herald Online, SC -- Opinion)
Canadian health model delivers despite flaws Aug 6, 2009
We peacefully share a continent, a British heritage of representative government and now ownership of GM. And, until 50 years ago, we had similar health systems, health-care costs and vital statistics. The U.S. and Canada s different health insurance decisions make up the world s largest health policy experiment. (Atlanta Journal-Constitution -- Opinion)