Warren Buffett says 'no' on Kraft buying Cadbury

by Giedre Sarkunaite | January 20, 2010 at 08:16 am
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Warren Buffett | Photo 06

Warren Buffett | Photo 06

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Largest Kraft Food's shareholder, Warren Buffet, says 'no' on US company taking over UK chocolate maker.

"I've got a lot of doubts about the deal," Mr Buffett told US television station CNBC. "If I had the chance to vote on this, I'd vote no."



Buffet owns 9.4% in Kraft but £11.5bn ($19bn) deal won't be interrupted by shareholders. Cadbury investors will get a 10p per share (840 pence per Cadbury share)


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