Hershey shares shot up by 11% on Monday following reports that Mondelez had approached the chocolate maker about a potential takeover. The deal, if it happens, would be one of the largest in the ...
The Oreo maker warned of “unprecedented” inflation for the commodity that would reduce its earnings, while the Kisses giant ...
The suitor was Hershey's food industry peer, snacks specialist Mondelez International (NASDAQ: MDLZ). According to Bloomberg, which in two separate articles reported Mondelez's actions ...
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Mondelez-Hershey – no longer a sweet deal?With Donald Trump again set for the White House, we’re already feeling a little like it’s 2016 all over again and, this week, rumours surrounding two of the world’s largest confectioners ...
Ritz and Oreo maker Mondelez International (MDLZ) was less tasty today after a top analyst downgraded the stock on cocoa ...
Hershey Trust Co., the majority shareholder of Hershey Co., has rejected an offer from Mondelez International Inc., an American snack and confectionery company, to acquire chocolate manufacturer ...
New York (CNN) — Mondelez, the maker of Oreo and Cadbury, is reportedly exploring an offer to buy rival Hershey Company to potentially create one of the world’s largest candy companies.
Hershey's large cocoa purchase amid surging prices may hurt margins, with cocoa prices up 300% since 2023, risking further ...
Mondelez ’s share price has taken another hit after it warned earnings will likely fall this year due to “unprecedented cocoa ...
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Mondelez warns of additional “headwind” from Trump tariffs threatMondelez is also having to deal with cost inflation in its supply chain in respect to “unprecedented” cocoa prices.
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