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Mondelez says to focus on bolt-on deals amid report of deal talks with Hershey

2 weeks ago

Less than a minute

2024.12.11 08:26

© Reuters. FILE PHOTO: Cadbury Roses chocolates are seen in this illustration taken November 29, 2023. REUTERS/Phil Noble/Illustration

(Reuters) – Cadbury-owner Mondelez (NASDAQ:) said on Wednesday it would focus on “bolt-on” deals as it announced an up to $9 billion share buyback program.

Earlier this week, Bloomberg reported that Mondelez was exploring the acquisition of chocolate maker Hershey.

2 weeks ago

Less than a minute

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