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Mondelez says to focus on bolt-on deals amid report of deal talks with Hershey
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Mondelez says to focus on bolt-on deals amid report of deal talks with Hershey
Dec 11, 2024 5:43 AM

(Reuters) - Cadbury-owner Mondelez ( MDLZ ) said on Wednesday it would focus on "bolt-on" deals as it announced an up to $9 billion share buyback program.

Earlier this week, Bloomberg reported that Mondelez ( MDLZ ) was exploring the acquisition of chocolate maker Hershey.

(Reporting by Aishwarya Venugopal in Bengaluru; Editing by Anil D'Silva)

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