Hershey looking for a sweet deal

Posted on 23 Nov 2009 by The Manufacturer

US chocolate maker Hershey is reportedly considering a £10bn ($17bn) solo bid for its much speculated offer for Cadbury.

The bid would further test the resolve of the as-now independently owned Birmingham-based firm who rejected a £9.8bn offer from Kraft, also from the US, earlier this month. Last week it was reported that Hershey – maker of Reece’s Pieces and Hershey’s Kisses – was considering making a joint bid for the company with the…

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