Value Investing News

“From our perspective a company’s private market value or intrinsic value is the key element of our investment process. In somewhat different terms, we view ourselves as businessmen who want to purchase assets at a discount to what they are selling for in the market place.”

Many investors are closely following the developments in Kraft's hostile bid for Cadbury. Kraft believes an acquisition of Cadbury will help drive growth by creating the world's largest confectionery company with meaningful revenue and cost synergies.