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.
Mondelez and Hershey—could significantly reshape the industry. Wall Street is scrambling to assess the probability of the ...
Mondelēz International’s second attempt to acquire confectionery giant Hershey has been rejected by The Hershey Trust, citing ...
Analysts have poured cold water on the chances of Mondelez securing a blockbuster takeover of rival chocolate maker Hershey ...
Is another merger between CPG titans in the works? Mondelēz International, Inc. is reportedly seeking a sweet deal to team up ...
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 ...
A deal between Mondelez and Hershey never looked likely. Now Mondelez has all but confirmed it won’t happen. Hershey shares soared on Monday after Bloomberg reported t ...
Major U.S. confectionery giant Monduliz, known for its Oreo and Ritz crackers, is considering buying well-known chocolate ...
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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Conagra (NYSE:CAG) is looking to sell its Chef Boyardee pasta business. Arcadia Biosciences (NASDAQ:RKDA) is set to merge ...
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