If the food giant wants to avoid sacrificing value for growth, it should resist paying a premium greater than the value of synergies. Based on similar deals, Kraft can squeeze out over $625m of annual costs. But that still only justifies a slight bump from what’s on the table.Sign up to read the rest of this subscriber-only content, or if you are already a member please sign in here.
Forgotten your password? Get a password reminder.
This Views Flash will shortly be followed by a Considered View