Companies

Sep 22: Stock offer complicates Kraft bid for Cadbury

Cadbury on Monday asked the UK Takeover Panel to issue a so-called "put up or shut up" ruling to Kraft - which could take as much as a week to materialise. Neil Buckley of Lex looks at how this effects the likelihood of a takeover of the famous UK chocolate maker by the US food group and what would make the deal more attractive.