Cadbury and Oreo-maker Mondelez reportedly making bid to buy Hershey’s

The multi-billion dollar company behind some of the world’s biggest brands wants to buy the Pennsylvania-based chocolatier, pending regulatory approval

Food Inc may be about to get even bigger: according to reports, Mondelez, the multi-billion dollar company behind Cadbury’s, Oreo and some of the world’s biggest brands, is trying to buy Pennsylvania-based American chocolatier The Hershey Company.

On Thursday the Wall Street Journal reported that snack food titan Mondelez had submitted a bid for Hershey’s, which would give the company several major brand names to add to a portfolio that already includes Chips Ahoy, Côte d’Or, Toblerone and many others. Hershey’s makes Kit Kat, Reese’s, Almond Joy, its namesake candy bars and many other chocolate confections.

Continue reading...