Hershey and Nestle are among the final bidders for Wedel, the Polish business Kraft Foods acquired from Cadbury takeover, which is going to be sold to win the EU clearance for the acquisition of Cadbury.

It is reported that Kraft has shortlisted potential buyers to six, including two buyout firms and four strategic players. Final bids are due by the third week of June.Private-equity firms include Bridgepoint and Advent International, along with Nestle and Hershey.

Wedel is said to be valued at between EUR200m (US$242.4m) and EUR300m.