sexta-feira, 01 de julho, 2016

Mondelez make offer to stay with Hershey

The Mondelez International, which produces Oreo cookies and Cadbury chocolate bars, made an offer for the maker of Hershey''s chocolates, according to people familiar with the deal according to the Wall Street Journal (WSJ).
Don''t know the terms of the deal, but the Hershey had a market value of $ 21 billion on Thursday. This means that the value of the deal would be greater than this amount. The Mondelez was worth $ 69 billion.
Any kind of business will depend on the approval of the Hershey Trust, which owns 8.4 percent of the company''s oridinária action and 81% of the voting capital. In the past, the Trust objected to selling the company.
The WSJ that the Mondelez is committing to protect jobs after the merger, to keep the headquarters in Hershey, Pennsylvania (USA), and rename the company as Hershey, said the sources.
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