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 ...
What Else: Today, Mondelez announced a $9 billion share repurchase program. The share repurchase authorization will begin Jan ...
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 ...
The Chicago-based snack maker is reportedly exploring an acquisition of the iconic chocolate company. It's not the first time ...
Is another merger between CPG titans in the works? Mondelēz International, Inc. is reportedly seeking a sweet deal to team up ...
Major U.S. confectionery giant Monduliz, known for its Oreo and Ritz crackers, is considering buying well-known chocolate ...
Hershey stock is moving higher on Monday following a report suggesting that Mondelez is exploring a potential acquisition of ...
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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