HomeNewsBusinessCompaniesHershey’s main owner rejects Mondelez’s offer as too low

Hershey’s main owner rejects Mondelez’s offer as too low

Hershey Trust Co., which has roughly 80% of the voting power at the company, turned down the bid as too low, said the people, who declined to be identified

December 11, 2024 / 21:39 IST
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Mondelez on Wednesday approved a stock repurchase authorization of as much as $9 billion and said it’s committed to its capital allocation priorities
Mondelez on Wednesday approved a stock repurchase authorization of as much as $9 billion and said it’s committed to its capital allocation priorities
Bloomberg
first published: Dec 11, 2024 09:39 pm

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