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Shares of Hershey, which has a market capitalization of about $35 billion, rose as much as 19% to $208.03, while those of Mondelez were down about 4% in morning trading.
Mondelez hasn't commented on the Hershey approach and isn't likely to, but that upsized stock buyback program and those remarks about acquisitions strategy are signs that it's moved on. Hershey ...
Bloomberg reported earlier this week that Mondelez was exploring the acquisition of chocolate maker Hershey, in what could have created one of the world's largest confectioners. The Hershey Trust ...
Mondelez International, Inc. (/ ˌ m ɒ n d ə ˈ l iː z / MON-də-LEEZ) [3] (styled as Mondelēz International) is an American multinational confectionery, food, holding, beverage and snack food company based in Chicago. [4] Mondelez has an annual revenue of about $26.5 billion and operates in approximately 160 countries. [5]
Mondelez Kinh Do Vietnam was established in 2015 after Mondelēz International, Inc. bought Kinh Do Corporation. Mondelēz Kinh Do is now a member of global snack company Mondelez International and the only US company in the confectionery market in Vietnam to supply all types of biscuits, fresh bread, sponge cakes , mooncakes , chocolates, and ...
This is a list of brands developed, owned, or licensed by Mondelez International (formerly Kraft Foods Inc.), including its division Nabisco. The company's core businesses are snack foods and confectionery. Kraft-branded products are made for some international territories by Mondelez International under license from Kraft Heinz Company since 2012.
The Cadbury maker will also pay additional amounts to the sellers depending upon its earnings from Clif Bar, Mondelez said. The company said it will get the Clif, Luna and Clif Kid brands of bars ...
Mondelez (MDLZ) is strategically increasing its presence through acquisitions to boost portfolio. However, weakness across some emerging markets is a concern. Mondelez (MDLZ) Poised on Lucrative ...