hershey mergers and acquisitions news

Mondelez’s takeover of Hershey would rank

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% of the voting power of the company. That clout was apparent this week when it rebuffed a takeover attempt by Mondelez International Inc.

Chicago Tribune · 1d

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

Social Samosa · 2d

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.

Hershey, Mondelez

Barron's on MSN · 2d

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 deal, and can’t seem to reach a consensus. Hershey shares shot up by 11% on Monday following reports that Mondelez had approached the chocolate maker about a potential takeover.

Wall Street Journal · 1d

Heard on the Street: Kiss Goodbye to Hershey-Mondelez Speculation

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

Zacks.com on MSN · 1d

Will Mondelez Finally Buyout Hershey?

This isn’t the first time that Hershey (HSY) has been approached by Mondelez (MDLZ). MDLZ tried to take over in 2016 but was ultimately rebuffed. This time around, both companies admitted that we are in the early stages of takeover talks.

Food11h

Hershey rejects Mondelēz’s acquisition bid

Mondelēz International’s second attempt to acquire confectionery giant Hershey has been rejected by The Hershey Trust, citing ...

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 ...

Hershey sale ‘unlikely’ as Mondelez approach rebuffed

Analysts have poured cold water on the chances of Mondelez securing a blockbuster takeover of rival chocolate maker Hershey ...

Hershey's stock falls sharply as Mondelez deflates merger speculation with talk of smaller acquisitions

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 ...

ProgressiveGrocer2d

Is a Mega-Merger Between Mondelēz and Hershey in the Works?

Is another merger between CPG titans in the works? Mondelēz International, Inc. is reportedly seeking a sweet deal to team up ...

Oreo Manufacturer Monduliz Considers Acquisition of Hershey...Hershey's Stock Surges

Major U.S. confectionery giant Monduliz, known for its Oreo and Ritz crackers, is considering buying well-known chocolate ...

What's Going On With Hershey Stock Monday?

Hershey stock is moving higher on Monday following a report suggesting that Mondelez is exploring a potential acquisition of ...

Mondelez’s Takeover of Hershey Would Rank as Top 2024 Deal

Snack-food giant Mondelez International Inc.’s potential takeover of chocolate maker Hershey Co. would rank as the year’s top ...

5don MSN

Key deals this week: Shell-Equinor U.K. combination, Hershey, TotalEnergies, GE HealthCare and more

Conagra (NYSE:CAG) is looking to sell its Chef Boyardee pasta business. Arcadia Biosciences (NASDAQ:RKDA) is set to merge ...

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Mondelez’s takeover of Hershey would rank

Hershey, Mondelez

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