Mondelez

Mondelēz CEO Warns Of Price Hikes Following Kennedy Appointment

Mondelēz's CEO has said customers will face price hikes for its products from Robert F. Kennedy Jr 's Make America Healthy Again movement.

Cadbury parent company Mondelēz forecast a bigger-than-estimated drop in its annual profit, signalling pressures from coca costs.

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.

Brands have investigated suppliers after reports that palm oil from an illegally cleared area may have ended up in their supply chains.

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.

Shares at Kellanova surged 18% in early trading on Monday after a Reuters report said Mars was exploring a potential buyout of the company.

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