Hershey's targeted by Mondelez, the candy giant who 'betrayed the heritage' of a classic chocolate brand

---

Hershey's targeted by Mondelez, the candy giant who 'betrayed the heritage' of a classic chocolate brand

---

Mondelez 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 Bloomberg this morning, that could create a $50 billion snack powerhouse. According to sources close to the matter, the Chicago-based snack giant has made a preliminary approach to Hershey, famous for its Kisses and Reese's Peanut Butter Cups. Mondelez, valued at $84 billion, is keen to combine forces with Hershey, which has a market worth of about $35 billion.
Read More >> Full Article on Source: CELEBS MAG
#US #ShowBiz #Sports #Politics #Celebs #Moscow #Oklahoma #Melania #Nicki #ISIS #Barron