How MDLZ's Buyout of HSY Could Reshape the Confectionery Market
MDLZMondelez International(MDLZ) ZACKS·2024-12-11 21:22

In a move that could reshape the global confectionery landscape, Mondelez International, Inc. (MDLZ) is exploring the acquisition of iconic chocolate maker The Hershey Company (HSY) , per media sources. If finalized, the acquisition would create one of the world's largest confectionery companies.This acquisition, if successful, would significantly strengthen Mondelez’s position in the U.S. chocolate market. Hershey's established dominance would complement Mondelez's global presence, particularly its Europea ...