US STOCKS-Wall St set for higher open after G20

* G20 pledge to keep aid flowing until recovery reassured

* Kraft in formal takeover Cadbury bid, terms unchanged

* GE, Comcast see $30 bln valuation on NBC-Comcast JV

* For up-to-the-minute market news, click [STXNEWS/US] (Updates to preopen, stock prices, adds analyst comment)

By Angela Moon

NEW YORK, Nov 9 (Reuters) - Wall Street was set to open higher on Monday on renewed risk-taking sentiment after the Group of 20 pledged to maintain economic stimulus in place until a recovery was reassured.

Finance ministers and central bankers of the G20 agreed on Saturday to keep the aid flowing, giving a boost to global stocks while pressuring the dollar as high-yielding and commodity-linked currencies benefited. For details, see [ID:nLQ516726] and [ID:nL9362990]

"Cheap money continues to fuel the rush into stocks, not just in the U.S., but on a global scale (after G20)," said Peter Cardillo, chief market economist at Avalon Partners in New York.

Corporate mergers and acquisitions were in the spotlight. Kraft Foods Inc (KFT.N) formalized a proposed takeover of Britain's Cadbury Plc (CBRY.L), but failed to improve the terms of its initial approach, sending shares in the British confectionery maker down 2 percent. Kraft Foods rose nearly 1 percent to $27 before the bell. [ID:nL9380032]