Hershey Stock Falls. Mondelez Hints Deal for Chocolate Maker Doesn’t Fit Its Strategy.
Hershey shares were trading lower after Mondelez International offered insight on how it wants to build its business.
Mondelez Has Plenty of Reasons to Try Again to Buy Hershey
Mondelez International Inc.’s latest overture for Hershey Co. underscores the challenges posed by sky-high cocoa prices and ...
Mondelez’s takeover of Hershey would rank as top deal of 2024
Snack-food giant Mondelez International Inc.’s potential takeover of chocolate maker Hershey Co. would rank as the year’s top ...
Crain's Chicago Business2d
Is Hershey the white whale for Oreo-maker Mondelez?
The Chicago-based snack maker is reportedly exploring an acquisition of the iconic chocolate company. It's not the first time ...
Why might Mondelez still be sweet on Hershey?
Both companies have refused to be drawn on Bloomberg’s report of a “preliminary approach” from Mondelez – but that hasn’t ...
Shares Spike as Oreo Maker Mondelez Reportedly in Talks to Take Over Hershey
Oreo manufacturer Mondelez is in talks to acquire candy company Hershey, according to a new report from Bloomberg News. Mondelez International, which owns Cadbury and produces the beloved Oreo cookie, ...
Hershey tumbles after Mondelez announces $9B share repurchase authorization (update)
Updates shares, adds CNBC reporting,Hershey (NYSE:HSY) sunk 5.5% after Mondelez announced it approved a new share r ...
Mondelez Pushes Buybacks, Bolt-on Deal, Squelching Hershey Talk
While Mondelez didn't comment on the report, the Chicago company said that given current market conditions, stock buybacks remain a key priority, and that it is committed to an acquisition strategy ...