Europe excited by rumours that Kraft will go outside US to finance Cadbury bid

Kraft Food may finance part of its bid for Cadbury from the European loan market, it was rumoured this week. The prospect surprised many as Deutsche Bank and Citi are said to be working on a purely US-funded $8bn package.

  • 09 Oct 2009

Such a deal would represent a big boost for the European loan market. But some were sceptical the deal would succeed.

"It might be odd if Kraft didn’t get the bulk of its financing from its home, US market," said a loans banker at a European firm. "In the ...

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