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Robert Peston has found the banks hired to defend Cadbury's from hostile takeover had a very strange incentive structure.
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Lib Dem Shadow Chancellor Vince Cable has written to Lord Mandelson: "It is particularly galling … that state-owned RBS should part fund this takeover when it is clearly not in the interests of the UK economy."
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Darrell Goodliffe asks what can be done to prevent 'another Cadbury's' in this piece on Liberal Conspiracy
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Varun Chandra writes on Left Foot Forward that Kraft's heavily leveraged buyout bodes badly for the Cadbury's business in the UK: "The cost of financing the massive mountain of leverage means that much of the cash generated by the business will be spent not on investment and training, but on interest payments."
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