Kraft Food’s Cadbury bid cheers European loans bankers as M&A deal prospects start looking up
Kraft Food’s £10.2bn bid for Cadbury cheered European loans bankers this week, despite the fact that the bulk of the financing is tipped to be coming out of the US.
In one of the busier weeks for M&A this year, with Frances Vivendi making a Eu2bn bid for Brazilian telecom GVT and a Malaysian-Indian consortium agreeing to buy 46% of Kuwaits Zain, the deals have boosted hopes that further big acquisition financings could follow.
None of these look
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