However, the rumours were widely discredited by analysts. One trader said: “Nestlé has been talked of as a potential suitor for Cadbury in the past but the regulatory issues a bid would encounter probably rule it out.”
Cadbury has struck a blow against Nestlé in a long-running legal dispute over Cadbury’s famous purple branding.
Burton’s Foods shrugged off rising cocoa and dairy prices in 2010 to more than triple its profits. The maker of Cadbury Fingers, Jammie Dodgers and Maryland Cookies reported profits of £13.1m for the year to 1 January 2011 compared with…