Not to be left out, Nestle (NSRGY.PK) is thought to be considering a bid for Cadbury (CBY) to...

|By:, SA News Editor

Not to be left out, Nestle (NSRGY.PK) is thought to be considering a bid for Cadbury (CBY) to challenge Kraft's (KFT) $16.7B hostile offer and a potential counterbid by Hershey (HSY). One analyst says Nestle could "blow Kraft out of the water" if it ops to execute an option to sell its majority stake in Alcon (ACL) to Novartis (NVS) for more than $20B come January.