Peltz's Trian owns 3 percent of Kraft-source

(Reuters) - Peltz has held stakes in other consumer companies, such as
Cadbury Schweppes Plc , Tiffany & Co. Inc. and
H.J. Heinz Co.




Read more at Reuters.com Mergers News

European Stocks Climb the Most in Four Weeks, Led by Cairn Energy, Cadbury

(Bloomberg) -- European stocks climbed the most in
four weeks as takeover speculation swept through the energy,
banking, food and electrical components industries.

Cairn Energy Plc rose after Citigroup Inc. advised buying
the shares, citing a possible bid. Cadbury Schweppes Plc jumped
to a record after the Daily Telegraph said private-equity groups
may buy the company's U.S. drinks unit. Legrand SA advanced as
investors bet ABB Ltd. will approach the company.


Read more at Bloomberg Stocks News