British chocolate giant Cadbury accepts buyout offer from U.S. food giant Kraft . Kraft bid for Cadbury is 840 cents per share , valuing Cadbury at £ 21.8 billion . Kraft 's takeover of Cadbury has also been criticized by British trade unions who urged the UK government and the EU to block the bid . Agreed cash - and - stock deal after five months of hostile relations . Soon Kraft / Cadbury will be one of world 's biggest confectionery companies .
British chocolate giant Cadbury accepts buyout offer from U.S. food giant Kraft . Kraft bid for Cadbury is 840 cents per share , valuing Cadbury at £ 21.8 billion . Agreed cash - and - stock deal after five months of hostile relations . Soon Kraft / Cadbury will be one of world 's biggest confectionery companies .