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Hershey’s Main Owner Rejects Mondelēz’s Offer As Too Low – Bloomberg

Hershey’s main controlling owner has rejected Mondelēz International’s takeover offer, saying it was too low, Bloomberg News has reported.

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A top executive at Nestlé has said that the company will spend the coming months carving out its 3.3 billion Swiss franc water business.

Britvic plc has revealed a return to volume growth in its preliminary results of the year to 20 September 2024, which it released today.

Nestlé will boost advertising and marketing and trim costs by at least $2.8 billion by 2027 as it looks to drive growth under its new CEO.

General Mills said it would buy Whitebridge Pet Brands’ North American pet food business in a $1.45 billion deal to broaden its portfolio.

Unilever said on Monday CFO Fernando Fernandez would take on more responsibilities, as the company focuses on its “power” brands.

Mondelēz International is exploring the acquisition of chocolate-maker Hershey, Bloomberg News reported on Monday.

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