Hershey, Mondelez International
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 shares were trading lower after Mondelez International offered insight on how it wants to build its business.
Hershey (NYSE: HSY) is in the headlines because Mondelez (NASDAQ: MDLZ) is rumored to have made (another) offer to buy the ...
Kennedy had made no announcement of a Hershey's chocolate ban in 2025. The claim started on a satirical X account.
A takeover would top the value of the year’s biggest deal: snack maker Mars Inc.’s agreement to buy Kellanova for nearly $36 ...
The Chicago-based snack maker is reportedly exploring an acquisition of the iconic chocolate company. It's not the first time ...
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Hershey shares fell as traders digested updates suggesting that it was unlikely to merge with Mondelēz International.
Hershey has rejected Mondelez before, and a deal would make even less sense now.
The Hershey Trust has rejected Mondelēz International’s second attempt to acquire confectionery giant Hershey, citing the ...
Reports from a variety of sources confirm that Mondelez—the owner and maker of Oreo and Cadbury—approached the Hershey ...
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