'Kraft Deal Should Lead to Change' [Edition 2]

Summary


THE outrage over Kraft's takeover of Cadbury should herald a new approach to city mergers and acquisitions, Lord Mandelson has said.

The Business Secretary told city leaders the deal completed by Kraft last month, followed a week later by the announcement that the Somerdale chocolate factory in Keynsham would shut, highlighted the human cost of Britain's "open market" for corporate control.

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Extract


'Kraft Deal Should Lead to Change' [Edition 2]

Lord Mandelson made the remarks in the wide-ranging annual Mansion House speech to city leaders last night.

He said ...

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