Kraft/Cadbury: sweet tooth

Aliza Rosenbaum Kraft, the US Oreos-to-Cheez Whiz food conglomerate, beat profit estimates for the third quarter but lowered its sales forecast for the year. That highlights the charms of Cadbury, the faster-growing UK confectioner that Kraft is trying to acquire. But Kraft would still struggle to justify making a hostile bid higher than its current tabled offer. The food group led by Irene Rosenfeld confirmed its ongoing interest in Cadbury, but stressed that it would maintain a disciplined a...