The U.S. food group “Kraft Foods” acquired 72% of the shares in the the British candies producer “Cadbury”, announced the U.S. company. According to the information, submitted by the company, “Cadbury” agreed to sell 72% of their capital for the proposed price, assessing  the british company to approximately  12bln. pounds.

In order to reach a deal,  “Kraft” had to increase by 2 bln. pounds the amount that offered for “Cadbury”. The shareholders in the British group did not accept the initial offer for approximately 10 bln pounds. They demanded higher price and more cash for their shares in “Cadbury”. This made “Kraft” sell their frozen pizza business for  $3.7 bln. in order to ensure the money for the deal.