An Italian newspaper reported that family-owned Ferrero is keen on Cadbury’s sweets and gum
business, while Hershey would take the chocolate. It added that Ferrero has about €2 billion (£1.8m) in cash that could be used in a deal.
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Biting time for those with a sweet tooth
Shares in chocolate maker Cadbury picked up 1.2% yesterday after further news emerged about the intentions of potential bidders Ferrero and Hershey, writes Tim Sharp.
