SUBSCRIBERS
Failed deal reinforces Hershey's image as a company not for sale
Published Tue, Aug 30, 2016 · 09:50 PM
New York
THE latest failed acquisition of Hershey Co has renewed the chocolate maker's reputation as a company that can't be bought.
After Mondelez International Inc abandoned merger discussions on Monday, Hershey shares plunged as much as 12 per cent and left investors with a familiar taste.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Consumer & Healthcare
‘Extreme’ climate blamed for world’s worst wine harvest in 62 years
Sheng Siong Q1 net profit up 9.3% on higher revenue
Nestle sales growth sputters on US slump, vitamin snags
Hermes Q1 sales jump 17% on strong China demand
Cordlife’s independent auditor to retire after issuing disclaimer of opinion on FY2023 financials
Cutting the cord?: Events leading up to Cordlife’s MOH suspension and arrests of its directors, ex-group CEO