The multi-billion dollar company behind some of the world’s biggest brands wants to buy the Pennsylvania-based chocolatier, pending regulatory approval
Food Inc may be about to get even bigger: according to reports Mondelez, the multi-billion dollar company behind Cadbury’s, Oreo and some of the world’s biggest brands, is trying to buy Pennsylvania-based American chocolatier The Hershey Company.
On Thursday morning the Wall Street Journal reported that snack food titan Mondelez had submitted a bid for Hershey’s, which would give the company several major brand names to add to a portfolio that already includes Chips Ahoy, Côte d’Or, Toblerone and many others. Hershey’s makes Kit Kat, Reese’s, Almond Joy, its namesake candy bars and many other chocolate and confections.
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