Mondelez Is Reportedly Exploring a Hershey Acquisition. Drugs Like Ozempic Could Justify a Deal
U.S. stocks closed lower: all three major indexes fell, Chinese concept stocks celebrated all night, and the Golden Dragon Index surged by 8.5%.
① The nasdaq china golden dragon index rose by 8.54%, while the ftse china 3x long etf (YINN) increased by 23.78%; ② OpenAI officially launched the AI video generation model Sora; ③ A man involved in the murder case of the insurance giant's CEO in New York was arrested in Pennsylvania; ④ mondelez international is reportedly exploring the acquisition of the usa chocolate producer hershey.
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Mondelez Is Reportedly Exploring Buying Hershey. Ozempic and Other Factors Could Help Justify a Sale, Analyst Says.
Jefferies Maintains Mondelez International(MDLZ.US) With Buy Rating, Cuts Target Price to $75
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Global food giants are once again stirring up a wave of mergers and acquisitions, with reports indicating that mondelez international intends to acquire hershey.
Mondelez International, the manufacturer of Oreo cookies, is considering acquiring the usa chocolate giant Hershey. Hershey's total valuation is approximately 46 billion USD, and if this acquisition is successful, it will become the largest merger deal of the year, creating a food giant with annual sales close to 50 billion USD. Although Mondelez has issued a preliminary acquisition intention to Hershey, negotiations are still in the early stages, and the outcome is uncertain. This news caused Hershey's stock price to surge nearly 20%, while Mondelez's stock price fell.
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Mondelez Exploring Takeover of US Chocolate Maker Hershey — Bloomberg
Hershey Shares Climb 14% on Mondelez's Reported Acquisition Interest
U.S. stock market movement | It is reported that Mondelez International (MDLZ.US) is considering acquiring hershey (HSY.US), which surged over 14%.
On Monday, hershey (HSY.US) surged over 14% during intraday trading, reaching $200.09.
Market Chatter: Mondelez Said to Explore Takeover of Hershey
Express News | Mondelez Down 3%
Mondelez Said to Explore Hershey Takeover, Bloomberg Reports
Express News | Mondelez Exploring Takeover of US Chocolate Maker Hershey - Bloomberg News
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