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Mondelez International, Hershey
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 Trust Co. rejects preliminary takeover offer from Mondelez: report
According to Bloomberg, the Hershey Trust Co. rejected a takeover bid by Mondelez International, Inc. to acquire the Hershey Co. in Derry Township. File photo by Dan Gleiter |
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PENNLIVE.COM
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 M&A deal. Chicago-based Mondelez, the maker of Oreo, Ritz, Wheat
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 penny-pinching consumers.
Mondelez made a takeover approach for Hershey, sources say
Hershey shares climbed as much as 15% during Monday trading after reports that Mondelez is attempting another takeover of the chocolate company.
Hershey's Main Owner Rejects Mondelez's Offer as Too Low, Bloomberg News Reports
(Reuters) - Hershey's main controlling owner has rejected Mondelez International's preliminary takeover offer, terming it as too low, Bloomberg News reported on Wednesday, citing people familiar with the matter.
Mondelez Approves $9 Billion Buyback After Making Hershey Offer
Mondelez International Inc. approved a stock repurchase authorization of as much as $9 billion amid a setback in its talks to buy chocolate maker Hershey Co., raising doubts about the deal.
Hershey rejects takeover offer from Mondelez International
Hershey rejects takeover offer from Mondelez International
2d
on MSN
What Is the Hershey Trust and Why Can It Block Takeover Deals?
Hershey Trust Co. is a rarity in corporate America. It owns almost all of Hershey Co.’s Class B stock, giving it roughly 80% ...
2d
Possible takeover of Hershey: What's the impact? What could prevent it?
After Mondelez reportedly approached the Hershey Company about an acquisition, we're taking a closer look at the potential ...
4d
Hershey Co. reportedly being courted in potential takeover bid
Mondelez International Inc., maker of Ritz and Oreo, is mulling a takeover of the Derry Township-based confectioner and snack ...
2d
Traders sour on Hershey as Mondelēz appears cool to potential merger
Hershey shares fell as traders digested updates suggesting that it was unlikely to merge with Mondelēz International.
4d
Snack company exploring takeover of chocolate maker Hershey
A takeover would top the value of the year’s biggest deal: snack maker Mars Inc.’s agreement to buy Kellanova for nearly $36 ...
4d
Why Hershey Stock Soared Today
Back in 2016, Mondelez tried to buy Hershey for $23 billion. Hershey rejected the offer and it's arguably been a good ...
3d
on MSN
Should Mondelez Take Over Hershey? Not All of Wall Street Is Sweet on the Idea.
Mondelez and Hershey—could significantly reshape the industry. Wall Street is scrambling to assess the probability of the ...
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