Mondelez

Mondelez Combats Sales Slump With Cost Cutting, Lifting Profit

Mondelez International Inc., the global snack giant that recently made a bid to acquire Hershey Co., posted second-quarter earnings that beat estimates aft...

Hershey Trust Board Member Resigns From The $12 Billion Charity

Joan Steel has resigned from the board of the Hershey Trust Co., the $12 billion charity that controls about 80 percent of the voting shares in the Hershey...

For Food Inc., Deals and More Deals Are a Diet Necessity: Gadfly

When it comes to M&A, food companies can no longer be couch potatoes and they know it. They're on the move -- whether it be for mega-mergers to cut...

There's A Smile In Every Hershey Takeover Offer: Gadfly

Snacks giant Mondelez made a bid for Hershey, the $24 billion maker of the iconic American chocolate bar. Many will tell you that any offer is dead on arri...

Hershey Board Rejects $23 Billion Takeover Bid From Mondelez

Hershey Co. snubbed a preliminary takeover offer from Mondelez International Inc. for $107 a share in cash and stock, turning down a deal that would have c...

Mondelez Said To Have Approached Hershey With Takeover Offer

Mondelez International Inc. made a takeover offer for Hershey Co., according to a person familiar with the matter, a deal that would create the world&rsquo...

Mondeléz Profit Beats Estimates As Rosenfeld Trims Expenses

Mondeléz International Inc., the maker of Ritz crackers and Oreo cookies, posted first-quarter earnings that beat analysts’ estimates, as cost...

Mondeléz Sells Portuguese Biscuit Factory To Cerealto

Mondeléz International has sold its Portuguese biscuit factory in Mem Martins near Sintra to Cerealto, a global food manufacturer specializing in gr...