{"id":311,"date":"2010-01-15T00:00:00","date_gmt":"2010-01-15T00:00:00","guid":{"rendered":"http:\/\/www.franchisemart.in\/franchise\/?p=311"},"modified":"2012-07-26T07:24:24","modified_gmt":"2012-07-26T07:24:24","slug":"kraft-plans-pizza-arm-sale-to-nestle","status":"publish","type":"post","link":"https:\/\/www.franchisemart.in\/franchise\/kraft-plans-pizza-arm-sale-to-nestle\/","title":{"rendered":"Kraft plans pizza arm sale to Nestle"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.franchisemart.in\/franchise\/wp-content\/uploads\/2010\/01\/kraft_foods-300x300.jpg\" alt=\"kraft_foods\" title=\"kraft_foods\" width=\"300\" height=\"300\" class=\"alignleft size-medium wp-image-1211\" srcset=\"https:\/\/www.franchisemart.in\/franchise\/wp-content\/uploads\/2010\/01\/kraft_foods-300x300.jpg 300w, https:\/\/www.franchisemart.in\/franchise\/wp-content\/uploads\/2010\/01\/kraft_foods-150x150.jpg 150w, https:\/\/www.franchisemart.in\/franchise\/wp-content\/uploads\/2010\/01\/kraft_foods.jpg 400w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/>Kraft Foods &#8211; the US food group said it would sell its North American pizza unit to Swiss food giant Nestle and use the $3.7 billion proceeds to fund a partial cash alternative for Cadbury shareholders. It will raise the cash portion of the deal by 60 pence a share, but keep the overall size of the offer unchanged. <\/p>\n<p>Cadbury would also help expand Kraft&#8217;s business into faster-growing markets like India. Cadbury has been given three extra days to January 15 to come up with a 2009 trading update that could become a key plank in its defence.After that, the company is not allowed to give any new information, though it can still reiterate messages. <\/p>\n<iframe src='http:\/\/www.facebook.com\/plugins\/like.php?href=https%3A%2F%2Fwww.franchisemart.in%2Ffranchise%2Fkraft-plans-pizza-arm-sale-to-nestle%2F&amp;layout=button_count&amp;show_faces=true&amp;width=280&amp;action=recommend&amp;colorscheme=light&amp;height=30' scrolling='no' frameborder='0' style='border:none; overflow:hidden; height:30px' allowTransparency='true'><\/iframe>","protected":false},"excerpt":{"rendered":"<p>Kraft Foods &#8211; the US food group said it would sell its North American pizza unit to Swiss food giant Nestle<\/p>\n<iframe src='http:\/\/www.facebook.com\/plugins\/like.php?href=https%3A%2F%2Fwww.franchisemart.in%2Ffranchise%2Fkraft-plans-pizza-arm-sale-to-nestle%2F&amp;layout=button_count&amp;show_faces=true&amp;width=280&amp;action=recommend&amp;colorscheme=light&amp;height=30' scrolling='no' frameborder='0' style='border:none; overflow:hidden; height:30px' allowTransparency='true'><\/iframe>","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[659,660],"class_list":["post-311","post","type-post","status-publish","format-standard","hentry","category-retail-news","tag-kraft-foods","tag-pizza-arm","entry"],"_links":{"self":[{"href":"https:\/\/www.franchisemart.in\/franchise\/wp-json\/wp\/v2\/posts\/311","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.franchisemart.in\/franchise\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.franchisemart.in\/franchise\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.franchisemart.in\/franchise\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.franchisemart.in\/franchise\/wp-json\/wp\/v2\/comments?post=311"}],"version-history":[{"count":0,"href":"https:\/\/www.franchisemart.in\/franchise\/wp-json\/wp\/v2\/posts\/311\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.franchisemart.in\/franchise\/wp-json\/wp\/v2\/media?parent=311"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.franchisemart.in\/franchise\/wp-json\/wp\/v2\/categories?post=311"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.franchisemart.in\/franchise\/wp-json\/wp\/v2\/tags?post=311"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}