Kraft executives grilled by MPs over Cadbury takeover

US food giant Kraft will come under fire later today as MPs probe its £12bn takeover of British chocolate maker Cadbury , although the company's chief executive is keeping out of the firing line. The Business, Innovation and Skills Committee will take evidence from Marc Firestone, executive vice-president of Kraft, this morning as part of its investigation into company takeovers, mergers and acquisitions. Two Cadbury executives - president Trevor Bond and HR director Richard Doyle are also attending. The session will focus on the way in which Kraft won control of Cadbury after a six-month battle. Kraft's U-turn on its promise to keep Cadbury's Somerdale factory open is also likely to be a key talking point. The committee had hoped that Irene Rosenfeld, Kraft CEO, would attend. However Rosenfeld, who has kept a notably low profile since winning control of Cadbury in January , has decided not to take the opportunity. The MPs will also hear from the Unite union, which will lobby for sweeping changes to Britain's takeover code. Jack Dromey, Unite's deputy general secretary, is expected to call for the introduction of a "Cadbury's Law" aimed at preventing hostile takeovers of British companies which are not in the public interest. Dromey will point to the huge debt that Kraft has run up as a consequence of the deal, warning that this threatens Cadbury's 6,000 workers. The BIS committee held its first evidence session into UK takeovers in January, when they were told that it would be a "disaster" for Kraft to get its hands on Cadbury .