cadbury

Cadbury yesterday rejected a cash and stock offer from Kraft, which approached the company nearly two weeks ago, valuing it at 745p per share a 31 per cent premium to its closing share price on Friday.

吉百利昨日拒绝了卡夫的现金加股票收购要约。卡夫是在近两周前接洽吉百利的，它对吉百利的估价为每股745便士，较后者上周五的收盘价有31%的溢价。

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One time he got up early in the morning and drove to Cadbury Avenue.

一次他早晨提早起来,开车到吉百利大街.

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He drove to Cadbury Avenue and parked his car.

他开车到吉百利大街,停下车.

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But analysts are sceptical that Cadbury will receive a competing bid.

但分析师怀疑吉百利会收到竞争性报价.

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When Mars and Cadbury talk about their cocoa supplies being sustainable, they mean it.

当玛氏和吉百利表示要实现可可豆供应的可持续性时, 它们的确是这个意思.

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But with Vevey so far silent, Cadbury shareholders can only hope Kraft finds a few more chocolate coins in its pocket.

但是由于雀巢迄今保持沉默，吉百利股东只能期望卡夫能在口袋里找到更多的巧克力币。

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Whatever happens, all investors will a chance to vote. Cadbury cannot ask for more than that.

无论发生什么, 所有的投资者都有机会投出自己的一票. 吉百利夫复何求?

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And they have an amazing optimism about the future, says Bharat Puri, global chocolate category director for Cadbury.

他们对未来有着令人惊异的乐观心态，吉百利全球巧克力产品负责人巴拉特普里（Bharat Puri）表示。

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Cadbury offers Hershey its best chance of a sizeable business outside the Americas in one move.

吉百利为好时提供了在美洲之外一举建立规模化业务的最佳机会.

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After a four-month stand off over price Kraft Foods is buying British candy maker, Cadbury.

历时4个月的讨价还价，美国卡夫食品公司成功收购了英国的糖果制造商吉百利。

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Cocoa is as important to Ghana as Ghana is to Cadbury.

可可之于加纳,犹如加纳之于吉百利一样重要.

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Sir Roger Carr, who led the robust defence against Kraft as chairman of Cadbury, applauded the move and called for the new company to be called Cadbury.

曾带领吉百利顽强抵抗卡夫收购的前吉百利董事长罗杰卡尔爵士（sir roger carr）为该举措拍手叫好，并要求将新公司命名为吉百利。

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In August, Kraft announced that itwould split its international snack brands ( Trident gum, Cadbury's chocolate) from its North American grocery business, including Maxwell House coffee, Jell-O and Oscar Mayer meats.

今年8月，克拉夫特宣称百事会将国际化的食品品牌从北美杂货业务中分离出去，其北美杂货业务包括麦克斯韦尔家庭咖啡，Jell-O和Oscar Mayer meats。

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Like many multinationals, Cadbury reduced its tax bill by loading its operations in high-tax countries with debt, while using equity to fund growth through low-tax jurisdictions.

与很多跨国公司一样，吉百利降低税赋的方式是令其在高税收国家的业务承担负债，同时在低税收国家利用股本为增长融资。

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That is the effect of its announcement last week that all cocoa in Cadbury's Dairy Milk, the UK's best-selling chocolate bar, and in Cadbury's drinking chocolate will come from Fairtrade producers.

这是由于该公司本月初宣布，吉百利Dairy Milk及吉百利巧克力饮品所含的可可将全部来自公平贸易（Fairtrade）生产商。Dairy Milk是英国最畅销的巧克力块。

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Cadbury Schweppes yesterday outlined plans to drop Schweppes from its name, cut about 7,000 jobs and close about 10 factories globally to improve profitability.

吉百利史威士公司（Cadbury Schweppes）昨日简略公布了一些计划，包括将史威士从其名称中去除，在全球裁减约7000个工作岗位并关闭大约10家工厂，以提高盈利能力。

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Cadbury insists it will not pass on the increased cost to retailers and consumers.

吉百利坚称不会将增加的成本转嫁给零售商和消费者.

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A year later, Cadbury Schweppes trumped that with a yellow book with more than 144 rules for managers to "live and breathe".

一年以后，吉百利史威士公司（cadbury schweppes）更胜一筹，拿出一本黄皮书，包括至少144条供经理人“生存和呼吸”的规则。

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And as Chairman Carr will learn, that price is Cadbury's'true value.'

正如卡尔会明白的一样, 这个价格才是吉百利的 “ 真正价值”.

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Getting its hands on Cadbury would also allow Kraft to compete more closely with Mars.

接手吉百利也能使卡夫更有资本与玛氏公司两相争霸.

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Neither company is big enough to launch a full Cadbury takeover bid alone.

两家公司也都不够大到可以独力全部收购吉百利。

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Cadbury needs to show it will be a better business if it remains independent.

吉百利需要表明,如果公司保持独立,将会发展得更好.

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It may also not need any help to buy Cadbury.

它也可能不需要任何帮助就可以购买后者.

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If combined with Cadbury's, it could spark concern among competition watchdogs.

如果与吉百利合并, 它可能引发竞争监管机构的担忧.

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But it did hold out the possibility of raising its offer during the battle to win over Cadbury's investors.

但是它的确提出在赢取吉百利投资人的竞争中提高购价的可能性。

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Hershey and Cadbury had talked about a combination for years.

多年来,好时和吉百利曾经商谈过合并事宜.

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Confectionery is a tough business. But it does make it harder for Cadbury to take the high ground.

糖果行业处境艰难，而这确实加大了吉百利保持较高道德水准的难度。

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However, Legal General Investment Management, Cadbury's second biggest shareholder, expressed unhappiness with the deal: We believe the increased and final offer for Cadbury PLC by Kraft Foods Inc. fails to fully reflect the long term value of the company.

不过，吉百利第二大股东Legal General Investment Management对该交易表示不满：我们认为，卡夫食品对吉百利提出的经过调高的最终收购价，未能全面体现公司的长期价值。

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