Cadbury Shares to be Delisted

The takeover of Cadbury by Kraft Foods marked a pivotal moment in the confectionery industry, significantly altering the landscape of global food companies. Kraft Foods, an American multinational, aimed to expand its portfolio by acquiring Cadbury, a well-established British chocolate manufacturer known for its iconic brands. The acquisition process began when Kraft secured over 71% of Cadbury's shares, which was a crucial step towards achieving the necessary 75% threshold required for a complete takeover. This threshold was essential for Kraft to delist Cadbury from the stock market, allowing for a full integration of the two companies. Following the successful acquisition, Kraft announced the delisting of Cadbury shares, which was a strategic move to streamline operations and consolidate its market position. The decision to delist was not without its consequences, as it led to significant changes in the leadership structure of Cadbury, with key executives, including the chairman and chief executive, resigning shortly after the announcement. This shift highlighted the challenges and adjustments that often accompany major corporate mergers and acquisitions.