It is expected that today (monday) Kraft may raise its initial value of hostile bid for Cadbury above 800p. Today is a holiday in US and stock markets are closed. Despite  supportive announcements of several British investors to Cadbury management, those US investors of Cadbury which hold at least 40% of the shares may be willing to exchange their shares with Kraft when the offer is around 820p or over.

On the other hand, the rumors that Hershey is preparing to make a bid, gets stronger. We may expect though they will wait the new offer from Kraft. So within this week we may see two new bids for Cadbury.

Have a nice week...