Page last updated at 09:47 GMT, Friday, 5 February 2010

Cadbury shares to be de-listed

Cadbury chocolate
Kraft's 11.5bn offer for Cadbury was accepted on Tuesday

Kraft Foods will remove Cadbury shares from the London Stock Exchange after 8 March now that 75% of shareholders have agreed to the takeover.

Cadbury will also apply to de-list its American Depositary Shares from the New York Stock Exchange, Kraft said.

When the level of acceptances from Cadbury shareholders goes above 90%, Kraft can force the remaining shareholders to sell.

On Tuesday, Cadbury accepted an £11.5bn ($18.9bn) takeover offer from Kraft.

The following day, the three men at the top of Cadbury announced their resignations.

Chairman Roger Carr, chief executive Todd Stitzer and chief financial officer Andrew Bonfield are all to step down, Cadbury said.

Print Sponsor

Cadbury top bosses to step down
03 Feb 10 |  Business
Mandelson in Kraft-Cadbury talks
02 Feb 10 |  Business
Kraft completes Cadbury takeover
02 Feb 10 |  Business
Cadbury grandson's Kraft sadness
02 Feb 10 |  West Midlands
Unions appeal over Cadbury jobs
01 Feb 10 |  West Midlands
Cadbury debate: Bournville reacts
27 Jan 10 |  People and Places
Cadbury agrees to Kraft takeover
19 Jan 10 |  Business

The BBC is not responsible for the content of external internet sites

Has China's housing bubble burst?
How the world's oldest clove tree defied an empire
Why Royal Ballet principal Sergei Polunin quit


Americas Africa Europe Middle East South Asia Asia Pacific