Committee examines Kraft’s takeover of Cadbury
16 March 2010 (updated on 22 April 2010)
The Business, Innovation and Skills Committee holds the second oral evidence session of its inquiry into company takeovers, mergers and acquisitions, during which it will consider the recent takeover of Cadbury by Kraft. Watch live from 10.30 am
- Video and Audio: Company Takeovers, Mergers and Acquisitions evidence sessions
- Business, Skills and Innovations Committee
Witnesses
10.30 am
- Jack Dromey, Deputy General Secretary, Unite the Union
- Jennie Formby, National Officer, Food and Drink Sector
11.00 am
- Marc Firestone, Executive Vice-President, Kraft Foods Inc
- Trevor Bond, President, Cadbury Britain and Ireland
- Richard Doyle, HR Director, Cadbury Britain and Ireland
Chairman Peter Luff commented:
"Kraft gave a number of undertakings before its takeover of Cadbury. We will be testing those undertakings, and put Kraft's plans for the future of Cadbury under the spotlight.
"We will also be seeking to identify any lessons that need to be learned from the process leading up to the takeover in the light of our earlier evidence session last month".