Home Cocoa Bean Chocolate Hershey rejec...

Hershey rejects rejects preliminary offer from Mondelez

Hershey has rejected takeover offer from Mondelez International. The maker of chocolate bars, Reese’s Peanut Butter cups and Hershey Kisses said in a short statement that the offer provided no basis for further discussion with Mondelez. Hershey, based in the Pennsylvania town of the same name, has a market value of about $25 billion.

A merger between the two companies would have formed the world’s largest candy manufacturer.

FRANKE
DemusLab

Mondelez had sent a letter to Hershey expressing interest last

Dear Reader, you are not required to purchase anything for certain limited use of Comunicaffe International. However, if you do not purchase a subscription, your access to our contents will be limited. For further information about our subscriptions please visit the subscription page.

 

If you are already subscribed please type here your credentials: