Hershey’s Main Owner Rejects Mondelez’s Offer as Too Low
The main owner of US chocolate maker Hershey Co. has rejected a preliminary takeover offer from Mondelez International Inc., people familiar with the matter said, potentially ending a fresh pursuit that would’ve created a food giant with combined sales of almost $50 billion.
Hershey shares were trading lower after Mondelez International offered insight on how it wants to build its business.
The Chicago-based snack maker is reportedly exploring an acquisition of the iconic chocolate company. It's not the first time ...
Mondelēz International’s second attempt to acquire confectionery giant Hershey has been rejected by The Hershey Trust, citing ...
Reports from a variety of sources confirm that Mondelez—the owner and maker of Oreo and Cadbury—approached the Hershey Company about an acquisition.
A post shared on social media purports Robert F. Kennedy Jr. announced he will ban Hershey’s chocolate once President-elect ...
Snack-food giant Mondelez International Inc.’s potential takeover of chocolate maker Hershey Co. would rank as the year’s top ...
Mondelez International Inc.’s latest overture for Hershey Co. underscores the challenges posed by sky-high cocoa prices and ...
Updates shares, adds CNBC reporting,Hershey (NYSE:HSY) sunk 5.5% after Mondelez announced it approved a new share r ...
Josh Sessoms and Abdou Diene led the way for the Spartans with 19 points apiece. Sessoms scored seven in overtime of the 14 ...
After Mondelez reportedly approached the Hershey Company about an acquisition, we're taking a closer look at the potential ...
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