The main owner of US chocolate maker Hershey Co. has rejected a preliminary takeover offer from Mondelez International Inc., ...
Mondelez said it was “focused on bolt-on assets” as a report emerged The Hershey Trust viewed its potential bid as ‘too low’.
According to Bloomberg, the Hershey Trust Co. rejected a takeover bid by Mondelez International, Inc. to acquire the Hershey ...
Mondelez International Inc. approved a stock repurchase authorization of as much as $9 billion, days after a report that the ...
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 ...
The main controlling owner of Hershey Co. has reportedly turned down Mondelez International Inc.’s preliminary takeover offer ...
The main owner of chocolate maker Hershey has rejected a preliminary takeover offer from Mondelez International Inc., people ...
Hershey Trust Co. is a rarity in corporate America. It owns almost all of Hershey Co.’s Class B stock, giving it roughly 80% ...
Analyst Thomas Palmer of Citi maintained a Buy rating on Mondelez International (MDLZ – Research Report), retaining the price target of ...
Mondelez International’s latest overture to Hershey underscores the challenges posed by high cocoa prices and penny-pinching consumers, which could make the company more open to a deal.
Mondelēz International’s second attempt to acquire confectionery giant Hershey has been rejected by The Hershey Trust, citing ...