Month: January 2010

Asda

Asda makes biggest price cuts in a decade

Marketing Week

Asda has declared a war against “phoney price claims” made by supermarkets and has started what it claims is its biggest price rollback for a decade as it warns rivals the sector risks being tarred with the same negative brush as banks.

HMV

HMV set to buy Mama Group

Marketing Week

HMV has become the frontrunner in the bid to take control of live music business Mama Group, after rival bidder SMS Finance, pulled out of the race.

Kraft revises Cadbury offer

Marketing Week

Kraft Foods has revised the terms of its takeover bid for Cadbury increasing its price per share by 60p, though the overall value of the offer is not being increased. Nestlé has also walked away from launching any potential bid for its rival confectioner.