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The emergence of a much bigger rival might spur a bid for Kraft's confectionery unit.
Kraft's confectionery unit is one possible target, although Cadbury would struggle to pay for it.
Cadbury said that shareholders would receive 64 shares of the Cadbury confectionery unit and 12 shares of the Dr Pepper Snapple Group for every 100 Cadbury Schweppes shares they hold when the split occurs in May.
But this might not be fast enough for the impatient Mr Peltz, who is likely to demand a seat for one of his allies on Cadbury's board, as he has done at Heinz, another of his targets.Simon Marshall-Lockyer, an analyst at Bear Stearns, an investment bank, reckons Mr Peltz might also push Cadbury to bid for Kraft's confectionery unit.
Similar(56)
Eastern Sales and Marketing, a major candy representative for manufacturers, has noticed "double digit growth" for Gummy Bears, Violet Gum and Jelly Bellies, according to John Anastasi, the company's senior vice president of the confectionery business unit.
As an aromatic confectionery, cubeb was often candied and eaten whole.
The new snacks company will combine units in Europe and the developing markets as well as the North American snacks and confectionery businesses.
By the end of the year, over 900,000 units had been sold and Black Thunder bars were the best-selling product of the Yuraku Confectionery Company.
Why a confectionery stall?
— confectionery sales are climbing.
The colors are radioactive or confectionery.
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