Green & Black’s considers MBO

Organic chocolate maker Green & Black’s management is looking for ways to extricate the company from Kraft, according to reports. The firm’s management is said to be struggling to retain an entrepreneurial spirit now they are part of the food giant Kraft, which bought out Cadbury’s last year. The Financial Times reported Green & Black’s was considering either a management buy-out or a partial MBO. Last night a Kraft spokesman told City A.M. the firm would not comment on market rumours.