Kraft ruled out as potential bidder after United Biscuits hints at sale
date:Aug 09, 2012
or Asian companies could be circling.

Kraft in no state to bid for UB

Kraft is in a somewhat delicate position as it is poised for its big break into two companies, she said.

Kraft is preparing to split into two publicly traded companies: a global snacks business called Mondelez International and a North American grocery, which will retain the Kraft Foods name. The split is due to be completed by 1 October this year.

Timing not right for Kraft

Kraft incurred $39m in costs related to the bre
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