Shares in the confectionery giant jumped by 4% yesterday, up 21.5p to 561p, after Cadbury unveiled a timetable for the spin-off with the completion date set for May 7, provided it gets shareholder approval.
Last week, a note from U.S. broker Bear Stearns heightened fears that tighter credit markets could lead to the demerger being delayed or even derailed all together due to concerns the company would be unable to take on more debt.