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Hershey's targeted by Mondelez, the candy giant who 'betrayed the heritage' of a classic chocolate brandMondelez International, the maker of Oreo cookies and Ritz crackers, is reportedly eyeing a takeover of iconic US chocolate maker Hershey. The a potential blockbuster deal, first reported by ...
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Mondelez projects 5% revenue growth for 2025, highlights chocolate strategy amid elevated cocoa costsDirk Van De Put, Chairman and CEO, stated that Mondelez delivered balanced top-line growth with a mid-single-digit increase in revenue and positive volume mix during the second half of 2024.
Snacking may be here to stay, but what consumers want - and how companies source it - are evolving quickly, prompting Mondelez to narrow the aperture of its investment strategy ...
In June last year, the companies said they would develop new products combining Biscoff biscuits with Mondelez’s chocolate brands such as Cadbury and Milka. They had lined up the first products ...
Mondelez share price is already pricing-in ... There already has been some significant pricing around the world in chocolate. And I'm happy to report that the elasticities have held up well.
Consumers will have to get used to paying more for chocolate as cocoa remains at historical highs, Mondelez International’s CEO Dirk Van de Put has said. While the head of one of the world’s ...
(Bloomberg) -- Executives from Hershey Co. and Mondelez International Inc. signaled more price increases may be coming as the chocolate makers navigate a sustained rise in cocoa prices. “We have taken ...
Hershey Trust Co., the majority shareholder of Hershey Co., has rejected an offer from Mondelez International Inc., an American snack and confectionery company, to acquire chocolate manufacturer ...
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