Hershey makes tempting but sticky takeover target

June 30, 2016

The $25 bln confectioner belongs with Mondelez's Cadbury. CEO Irene Rosenfeld may sniff sweet opportunity as the charitable trust that blocked past Hershey bids is roiled by scandal, and rival Kraft Heinz is still digesting its mega-deal. But it won't come cheaply.

Michele Ferrero leaves $25 bln-plus Nutella empire

February 16, 2015

The confectioner has died at 89. Blessed with a gift for creating and marketing treats, he built Italy’s biggest fortune from hazelnut spread, Kinder Eggs and Tic Tacs. Stock markets and deals were both anathema. Rivals will hope his heirs eventually tire of independence.

Life’s like a box of chocolates for Lindt owners

July 14, 2014

Investors in the Swiss confectioner didn’t know they were going to get Russell Stover, the $1 bln-plus U.S. firm whose gift box starred in Forrest Gump. They still don’t know exactly what Lindt paid. Cost savings will be slim. This is about selling more chocs in middle America.

Cash not culture to decide Cadbury fate

November 30, 2009

By positively encouraging a white knight counter-offer to Kraft's cash and share bid, Cadbury's CEO and his advisers are working on the premise that this is the best way of squeezing a higher price out of Kraft.