Hershey's main owner rejects Mondelez's offer as too low, Bloomberg News reports

Hershey rejects Mondelez's takeover bid as too low, emphasizing the Hershey Trust's voting control. Mondelez shifts focus to smaller acquisitions and share buybacks.

Hershey Trust Co. declines Mondelez takeover bid - Bloomberg

The Hershey Trust has rejected Mondelez's takeover bid, citing insufficient offer, impacting both companies' stock movements.

Hershey shares dip on Mondelez $9B buyback plan

Hershey shares fell pre-market after Mondelēz announced a $9 billion share repurchase program set to start in January 2025, impacting investor sentiment.

Mondelez says to focus on 'bolt-on' deals amid report of Hershey buyout talks

Mondelez focuses on smaller acquisitions and announces a $9 billion share buyback program, following market reactions to potential Hershey acquisition talks.

Lawsuit accuses major food companies of marketing 'addictive' food to kids

A lawsuit has been filed against major food companies for marketing addictive ultra-processed foods to children, linking consumption to chronic diseases like diabetes and liver disease.

Hershey takeover would enhance Mondelez's presence in US chocolate market - Stifel

Mondelez International is exploring acquiring Hershey Co to strengthen its U.S. chocolate market presence and expand Hershey's brands internationally, despite potential initial losses.

Hershey gains on report Mondelez explores a possible takeover

Hershey shares rose 14% as Mondelez explores an acquisition, potentially forming a $50 billion food giant amid market challenges and Hershey's previous rejection of a takeover attempt.

Cadbury-owner Mondelez exploring Hershey acquisition, Bloomberg News reports

Mondelez is considering acquiring Hershey to create one of the largest confectionery companies, while both are currently navigating rising costs and fluctuating consumer demand.

Mondelez beats Q3 estimates, shares rise on strong results

Mondelez beats quarterly results on rebound in demand, higher prices

Mondelez International exceeded Q3 revenue and profit estimates, driven by varied pricing and strong brand loyalty, despite challenges in Latin America. Quarterly revenue reached $9.20 billion.