US food giant Mars to buy Britain's Hotel Chocolat for $662m
Britain's Hotel Chocolat agreed to a 534 million pound ($662 million) takeover offer from Mars Inc on Thursday.
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Britain's Hotel Chocolat agreed to a 534 million pound ($662 million) takeover offer from Mars Inc on Thursday.
Hotel Chocolat Group PLC shares surged on Thursday, after it said it has agreed a takeover offer with US confectionery products manufacturer Mars Inc. Hotel Chocolat's shareholders will receive 375...
Renowned chocolatier Hotel Chocolat has accepted a £534 million (€610 million) acquisition proposal from Mars Inc.
The Bounty maker offered 375 pence a share in a deal recommended by the board of the UK company.
Mars has announced it will buy Hotel Chocolat in a £534m deal to help the UK-based luxury chocolate brand expand its sales overseas. Hotel Chocolat's founders will rake in over £140m each from the deal.