Protests make Cadbury deal sour

Cadbury-Staff-ProtestA huge public outcry has been reported over the jewel of British business industry, Cadbury's £11.4 billion sale to US-based Kraft Foods.

The outcry persuaded the Labor Party to draft a "Cadbury Law" in order to protect the takeover.

The selling of British companies to foreign bidders has become a regular practice in the recent years. The recent deals include Corus being sold out to India's Tata Steel, Spain's' Santander takeover of Abbey National, Scottish and Newcastle buying out Carlsberg and Heineken, to name a few.

But, the story does not end here. A look into past will tell that even America was not able to stop the sale of P&O to Dubai World, even though there were large protest. Same was the case with BAA, Britain's airport operator, which is now in the lap of Ferrovial.

Business leaders said that the "Cadbury Law" would result in a costly and unworkable attempt to stop the takeovers. They said that the same is going to be declared as Labor's election manifesto and would leave negative effect on the investments. Nothing more will happen.