Lex: Cadbury/Kraft

Cadbury on Tuesday committed itself to a double-digit dividend increase for 2009 as it continued to resist a £10.8bn ($17.4bn, E12bn) hostile bid from Kraft Foods of the US. Roger Carr, Cadbury chairman, also attacked Kraft management, claiming it had a tendency to "overpromise and underdeliver". Neil Buckley analyses the latest twists and turns in the takeover saga.