Shares at Cadbury Schweppes leapt up by 3.8% at the end of last week amid rumours that it could be a takeover candidate for Kraft Foods, according to media reports.

US retail giant Kraft has been linked with a takeover of the £10bn UK-based Cadbury Schweppes before, as have Danone and Nestle.

Kraft recently sold all its confectionery operations for $1.5bn to Wrigley, which included its Life Savers, Altoids, Trolli and Sugus brands.