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Bid excitement propelled Cadbury plc's shares to new highs on Monday as a battery of reports pointed to a sweetened offer from hostile suitor Kraft Foods Inc. and potential rival bids.

The Times of London said the Northfield, Ill., food group, which has failed to lure Cadbury to the negotiating table since its late-August approach, was preparing Sunday night to improve its bid for the maker of Dairy Milk chocolate.

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NOT A SUBSCRIBER? Bid excitement lifts Cadbury stock Posted on November 23, 2009 1:50 PM Bid excitement propelled Cadbury plc's shares to new highs on Monday as a battery of reports pointed to a sweetened offer from hostile suitor Kraft Foods Inc. and potential rival bids. The Times of London said the Northfield, Ill., food group, which has failed to lure Cadbury to the negotiating table since its late-August approach, was preparing Sunday night to improve its bid for the maker of Dairy Milk chocolate. This is a free content preview. Subscribers enjoy access to all stories in full as well as second-to-none market intelligence. Dig deeper, with Pipeline. 265 in-depth reports of Auctions in the Food sector 43 in-depth transaction records for Kraft Foods Inc. 42 in-depth transaction records for Cadbury 32 articles related to Roger Carr 10 years of news and analysis archives from the voice of The Deal Economy Most-searched keywords Deutsche Bank Skadden Arps Concho Resources Pinnacle Foods Agrium Inc. Birds Eye Cantor Fitzgerald LP Credit Suisse Windstream Corp. MBIA Inc.		EXISTING USERS Username Password Forgot your password? Missing a product?

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Bid excitement lifts Cadbury stock