Comment: Taxpayers' money funds hostile bid for Cadbury

Nov 13 2009 | Cadbury

News that hedge funds have piled into Cadbury shares risks undermining the board's defence of the firm. Hedge fund manager John Paulson has increased his stake in Cadbury shares over the last few days and now owns a 2.54% stake. Overall, hedge funds are believed to now control something between 14% and 25% of the firm's equity, depending on which city source you believe. Read