Cadbury

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.

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

Mondelēz International announced its Cadbury sharing bars in the UK and Ireland will be wrapped in 80% certified recycled plastic packaging.

Mondelēz International beat third-quarter revenue and profit estimates on Tuesday on a rebound in demand and higher prices.

Mondelēz International missed expectations for second-quarter revenue on as budget-conscious customers opted for lower-priced alternatives.

Nestlé Ireland has appointed Niamh Twyford as country manager for confectionery, where she will work with brands such as KitKat and Aero.

As the summer months creep on, Irish shoppers are on the lookout for their favourite ice cream brands, reaching for these five in the sun.

Mondelēz has been fined €337.5 million by the European Union antitrust regulators for impeding cross-border trading between EU Countries.

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