Kraft Foods Signs Deal To Sell Cadbury’s Romania Unit

27% profit every 20 days?

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Kraft Foods (NYSE: KFT) has signed a deal with Oryxa Capital to sell Cadbury's Romanian business unit.The Northfield, Illinois-based company said it is selling the unit it acquired through the acquisition of Cadbury. The company has not disclosed the deal amount. KFT is selling the Kandia-Excelent chocolate, soft cake and sugar confectionery business in Romania to meet the regulatory requirement of the European Commission for the company’s purchase of Cadbury.KFT’s shares gained 1.55% to close at $28.25 yesterday.Read more from Benzinga's Company news.

27% profit every 20 days?

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