16 October 2009 - Reports in the US media indicate that Kraft Foods could possibly sell its Maxwell House coffee division to Sara Lee Corporation to secure extra funds in the company's attempt to acquire Cadbury.
Kraft is said to be close to raising USD 9 billion in financing in time for the 9 November 2009 deadline set by the UK Takeover Panel.
This latest rumour contradicts Kraft Foods' stance of September when the company said it did not need to sell operations like Oscar Mayer hot dogs, Maxwell House coffee or any of its other brands to afford Cadbury.
"The financing for this proposal does not require any divestitures," Kraft spokeswoman Perry Yeatman said at the time.