Kraft Ready to Swallow Cake Maker




Summary


United States food giant Kraft yesterday unveiled a pounds 575 million deal to acquire part of UK-based Jaffa Cake maker United Biscuits.

The American firm, which produces Ritz crackers and Philadelphia cheese, has bought the southern European arm of UB, covering Spain and Portugal.

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Kraft Ready to Swallow Cake Maker

The move has fuelled speculat...

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