KFT
Kraft’s all-out effort to acquire Cadbury involved a “side deal” in which Nestlé bought Kraft’s frozen pizza division. One company had cash on hand and served as “white knight”, the other had a pressing need and none other than Warren Buffett applying pressure. We think it’s safe to assume that Nestlé got a sweet deal…
Read more about Nestlé benefits from Kraft’s resolve to buy Cadbury
Short comments on Global Beverages motivated by the Femsa beer unit sale talks and (much earlier) the Kraft/ Cadbury imbroglio. Beer and soft drinks make sense together, as does beer + soft drinks and food.