Mars to snap up listed Hotel Chocolat in half a billion pound plus deal
Hotel Chocolat is to go private under the Mars umbrella after the former's board recommended a more than half a billion pound bid
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Hotel Chocolat is to go private under the Mars umbrella after the former's board recommended a more than half a billion pound bid
(Bloomberg) -- Mars Inc., the US candy company, agreed to buy Britain’s Hotel Chocolat Group Plc for £534 million ($662 million) and pledged to help the high-end seller of chocolate “puddles, slabs and batons” expand internationally. Most Read from BloombergBiden, Xi Declare Progress After Concluding Four-Hour SummitIsrael Latest: Biden Defends Hospital Raid, Says Hamas UnbowedHamas Chief Who Deceived Israel Is Target No. 1 Deep UndergroundXi Says China Seeks to Be Friends With US, Won’t Fight ‘
U.S. food giant Mars said Thursday that it will buy British chocolatier Hotel Chocolat for £534 million as the brand seeks to boost its international presence.
Renowned chocolatier Hotel Chocolat has accepted a £534 million (€610 million) acquisition proposal from Mars Inc.
While there are no winding rivers of chocolate, Golden Tickets, and certainly no Oompa-Loompas, the day-to-day life of chocolatier Angus Thirlwell is not too different to Roald Dahl 's most popular character.