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 .
British chocolate maker Cadbury accepts buyout offer from U.S. food giant Kraft . Kraft offer for Cadbury is 840 pence per share , valuing Cadbury at £21.8 billion . Agreed cash-and-stock offer ends five months of hostile relations . Combined Kraft/Cadbury will be one of world 's biggest confectionery companies .