In breakup, CEO of Cadbury faces his biggest deal
Article Abstract:
Todd Stitzer, Cadbury Schweppes PLC of the United Kingdom is planning on breaking up its candy and United States beverage industry perhaps for divestment. Investors have pushed for this move. Cadbury Schweppes PLC posted 7.4 billion Pounds ($1.34 billion) in total sales and is the biggest candy company worldwide.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
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Cadbury's new bubble-gum battle: India launch sets up fight with Wrigley, Perfetti for booming market
Article Abstract:
Cadbury Schweppes PLC has launched its Bubbaloo bubble-gum brand in India, where it hopes to compete with US firm Wm. Wrigley Jr. Co. and Italy's Perfetti Van Melle S.p.A. UK-based Cadbury, which is the world's largest candy manufacturer by sales, expects to reach its double-digit market share by 2008.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
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Cadbury retools to ward off a takeover: job cuts, plant closings may help firm compete in global candy market
Article Abstract:
Cadbury Schweppes PLC announced a four-year plan to close some global factories, discontinue product variations, and reduce its workforce by 15%, cutting approximately 7,500 jobs to improve competitiveness and prevent a potential takeover.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
User Contributions:
Comment about this article or add new information about this topic:
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