Mondelez explores acquisition of Hershey, in potential $35 billion deal
Bloomberg News reported that Mondelez has made an initial approach for Hershey, valued at approximately $35 billion. Following the news, shares of Hershey rose by as much as 19% to $208.03, while Mondelez's shares fell about 4% in morning trading.
Key Takeaways Hershey shares fell as traders digested updates suggesting that it was unlikely to merge with Mondelēz ...
Reports from a variety of sources confirm that Mondelez—the owner and maker of Oreo and Cadbury—approached the Hershey Company about an acquisition.
The Chicago-based snack maker is reportedly exploring an acquisition of the iconic chocolate company. It's not the first time ...
Hershey Co.’s stock was posting its sharpest daily loss in more than two years on Wednesday after Oreo maker Mondelēz International Inc. said it wasn’t planning any larger acquisition after ...
Shares of Hershey, which has a market capitalization of about $35 billion, rose as much as 19% to $208.03, while those of ...
Hershey, the famous American chocolate maker, has seen a huge jump in its share value. The company's stocks have jumped by ...
Major U.S. confectionery giant Monduliz, known for its Oreo and Ritz crackers, is considering buying well-known chocolate ...
After Mondelez reportedly approached the Hershey Company about an acquisition, we're taking a closer look at the potential ...
Snack-food giant Mondelez International Inc.’s potential takeover of chocolate maker Hershey Co. would rank as the year’s top ...
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