Kraft Foods : Cadbury Dealogic Deal # : 635014
Data as of : 1/19/2010
Target Acquiror Dates & Values
Cadbury Kraft Foods
Target: 100 % stake Buying: 100 % stake Rumored 16th Jul 2009 Deal Value $m 22,550.4
LN CBRY 1,367 m shares outstanding Public (Listed) Announced 7th Sep 2009 Value ex Debt $m 19,460.5
United Kingdom United States
Food & Beverage Food & Beverage Expected 1Q 2010 Consideration
UBS | Advisor Citigroup | Advisor Completed -
Goldman Sachs | Advisor Lazard | Advisor
Morgan Stanley | Advisor Deutsche Bank | Advisor Withdrawn -
Cleary Gottlieb | Attorney for advisor Centerview Partners | Advisor
Shearman & Sterling | Attorney Barclays | Advisor Termination Fee, Target $m tbd
Squire Sanders | Attorney Credit Suisse | Advisor
Freehills | Attorney RBS/ABN AMRO | Advisor
Slaughter and May | Attorney Cravath Swaine | Attorney
Clifford Chance | Attorney
Arnold & Porter | Attorney
Gibson Dunn | Attorney Termination Fee, Acquiror $m tbd
Financials 31st Dec 2008 Timeline Events
Balance Sheet Debt/Equity: 1.5
Premiums & Multiples
Initial Offer 7.44
Current Offer 8.40
Income Statement
Cash Flows
Operations $m 769
Profitability
Profit Margin 10%
Return on Equity 14%
League Table Impact Sector Trend
2009 YTD Announced Global M&A by Deal Value, $bn Monthly Announced Global M&A, $bn: Food & Beverage
1 Goldman Sachs 455.6
2 Morgan Stanley 437.5
3 JPMorgan 382.5
4 Citi 338.1
5 BOA Merrill Lynch 271.7
6 Lazard 263.3
7 Deutsche Bank 256.5
8 UBS 208.3
9 Credit Suisse 181.9
10 Barclays Capital 137.5
17 Centerview Partners 35.5
26 RBS 24.2
2009 Dealogic. All rights reserved.