Cadbury spurns 'low growth' Kraft 糖果商Cadbury与Kraft合作发
文章来源:未知 文章作者:meng 发布时间:2009-09-14 02:35 字体: [ ]  进入论坛
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UK confectioner Cadbury has said would-be suitor Kraft has a "low growth" business model, and that a tie-up between the firms is "unappealing".

英国糖果商Cadbury称,与其可能的合作人Kraft之间的合作模式“增长缓慢”,两者之间的关系“无吸引力”。

Cadbury
Cadbury's produces some of the UK's best known chocolate bars

Last week Cadbury rejected a £10.2bn approach from Kraft Foods, saying the approach "fundamentally undervalued" the Dairy Milk maker1.

Now Cadbury chairman Roger Carr has sent an open letter to Kraft chief executive Irene Rosenfeld.

He said the Kraft proposal was "of uncertain value" for his shareholders2.

The letter also says that under Kraft's offer, "Cadbury would be absorbed into Kraft's low growth, conglomerate3(集成物,砾岩) business model, an unappealing prospect4".

Share movement

Mr Carr said that it was in Cadbury's best interests to remain as a stand-alone confectioner(糖果商).

Kraft's bid is worth 300p in cash and 0.2589 new Kraft shares for each Cadbury share, and originally valued Cadbury at 745p a share or £10.2bn ($17bn).

However, this had dropped to around 707p on Friday due to the weakness in Kraft shares and the dollar.

Cadbury's shares closed on Friday at 775-1/2p. Kraft shares have fallen by about 7% since it made its proposal.

As well as Dairy Milk, Cadbury also owns the Green & Black's chocolate brand and Halls lozenges(菱形,止咳糖), Trident and Dentyne gum brands, and liquorice(甘草,甘蓝根) allsorts maker Bassett's. It spun5 off its drinks division as a separate business last year.

Kraft's brands include Kenco and Maxwell House coffee, Oreo biscuits, Jacobs, Terry's Chocolate Orange and Toblerone as well as cheese products such as Philadelphia and Dairylea.

A Kraft spokesman said the company had no comment to make on Mr Carr's letter.



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1 maker DALxN     
n.制造者,制造商
参考例句:
  • He is a trouble maker,You must be distant with him.他是个捣蛋鬼,你不要跟他在一起。
  • A cabinet maker must be a master craftsman.家具木工必须是技艺高超的手艺人。
2 shareholders 7d3b0484233cf39bc3f4e3ebf97e69fe     
n.股东( shareholder的名词复数 )
参考例句:
  • The meeting was attended by 90% of shareholders. 90%的股东出席了会议。
  • the company's fiduciary duty to its shareholders 公司对股东负有的受托责任
3 conglomerate spBz6     
n.综合商社,多元化集团公司
参考例句:
  • The firm has been taken over by an American conglomerate.该公司已被美国一企业集团接管。
  • An American conglomerate holds a major share in the company.一家美国的大联合企业持有该公司的大部分股份。
4 prospect P01zn     
n.前景,前途;景色,视野
参考例句:
  • This state of things holds out a cheerful prospect.事态呈现出可喜的前景。
  • The prospect became more evident.前景变得更加明朗了。
5 spun kvjwT     
v.纺,杜撰,急转身
参考例句:
  • His grandmother spun him a yarn at the fire.他奶奶在火炉边给他讲故事。
  • Her skilful fingers spun the wool out to a fine thread.她那灵巧的手指把羊毛纺成了细毛线。
TAG标签: Kraft Cadbury confectioner
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