There was, as one veteran Wall Street analyst put it, “a huge sense of déjà vu” yesterday (9 December) after Bloomberg reported Mondelez International had made a fresh move for rival ...
Initiating coverage of Mondelez with a sell rating due to underperformance, overvaluation, and lack of a viable growth plan. The recent $9 billion share buyback and failed Hershey acquisition ...
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 ...
(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 ...