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Ferrero among Brazil second-round winners

Thu, 02/11/2010 - 20:51 by Inderjit Singh

Costa Do Sauipe -- No. 1-seeded Juan Carlos Ferrero was pushed to a third set Wednesday but was able to advance to the quarterfinals of the $500,000 Brasil Open.

Three of the four second-round matches on Wednesday's schedule in Brazil went three sets and the players combined for about 10 1/2 hours of tennis.

Ferrero, from Spain, defeated Nicolas Massu 6-2, 5-7, 6-2 in nearly 2 1/2 hours. He didn't face a break point in the first or third sets but had his serve broken three times in dropping the second.

He earned a quarterfinal slot against Carlos Berlocq, a 7-6 (7-5), 6-2 winner Wednesday over Juan Ignacio Chela in a battle between Argentines. The match took more than two hours -- lengthy for a straight-set decision.

Hershey and Ferrero eye Cadbury, lack dough

Thu, 11/19/2009 - 14:11 by Ishita Sood

Just when Kraft Foods was in the hope of capturing Cadbury, an obstruction came in its way, in the form of Hershey Co. and Ferrero International.

Both the companies recently confirmed that they were now in line to make offers for the $16.7 billion bid and give competition to Kraft.

The news bought fresh optimism in the share market raising the price of Cadbury shares by 1.2 percent. Shore Capital’s Darren Shirley says, “There’ll be plenty of ups and downs for Cadbury’s shares over the coming months.”

Hershey and Ferrero may join hands to buy Cadbury

Wed, 11/18/2009 - 20:09 by Neka Sehgal

London, November 18 -- The prospects of 63-year-old Ferrero Spa teaming with Hershey Co. (NYSE: HSY) to bid for Cadbury (NYSE: CBY) are growing after the U.K. confectioner rejected a $16.8 billion unsolicited offer from Kraft Foods Inc.