Mars to pay 170% premium to take over Britain's Hotel Chocolat
The Bounty maker offered 375 pence a share in a deal recommended by the board of the UK company.
Source: moneycontrol.com
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Global confectionery giant Mars to swallow up Hotel Chocolat
Mars takeover offer values Hotel Chocolat at £534 million
Source: heraldscotland.com
Hotel Chocolat founders to land £280m after it agrees £534m Mars takeover
US food company pays big premium for UK chocolates maker and says it will keep manufacturing in Britain
Source: theguardian.com
Sweet Deal For London-Listed Hotel Chocolat As Mars Offers Over $660 Million
U.S. expansion and more airport locations could eventually be on the cards for the premium British chocolate retailer thanks to this deal.
Source: forbes.com
UK companies 'sitting ducks' for takeovers by global giants, fund manager warns
On X, previously known as Twitter, Crystal Amber's Richard Bernstein said the 'absurdity of UK small cap valuations [was] demonstrated again today.' Hotel Chocolat shares rose 160% on Thursday.
Source: thisismoney.co.uk