BAVIS_1170x120_10-22-20

Mondelez chairman and chief executive officer Irene Rosenfeld

Mondelez drops effort to acquire Hershey

Mondelez drops effort to acquire Hershey

DEERFIELD, Ill. — Mondelez International Inc. said it has ended discussions with Hershey Co. regarding a possible combination of the two companies. “As the world’s leading snacking company, we remain focused on successfully executing our strategy to deliver both sustainable top-line growth and significant margin expansion and are well positioned to continue to deliver value