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Cadbury-owner Mondelez plans to buy Hershey: Report
short by Mansi Agarwal / on Monday, 9 December, 2024
Mondelez International plans to acquire The Hershey Company in what would create one of the world's largest confectioners, Bloomberg reported. The owner of Oreo and Cadbury has reportedly made a preliminary approach about a possible combination. Its previous attempt to buy Hershey had failed after the latter rejected a $23 billion takeover bid in 2016.
read more at Reuters