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Market
What will be the regulatory response to the Mondelez-Hershey merger attempt by mid-2025?
2
Resolution / Starting Odds
Merger approved without conditions • 25%
Merger approved with conditions • 25%
Merger rejected • 25%
No decision by deadline • 25%
Official announcements from regulatory bodies like the FTC or DOJ, or reputable financial news outlets
Story
Mondelez Explores Hershey Takeover; Hershey Shares Surge 19%, Trading Halted
Dec 9, 2024, 03:19 PM
Mondelez International Inc. is reportedly exploring a takeover of U.S. chocolate maker The Hershey Company. According to reports, Mondelez has made a preliminary approach to Hershey, and any potential deal would require the backing of the Hershey Trust. Shares of Hershey surged up to 19% on the news, leading to a halt in trading due to volatility. This marks the largest intraday gain for Hershey in over eight years. If successful, the acquisition would combine iconic brands such as Cadbury, KitKat, Oreo, Ritz, and Reese's under one company, creating a food giant with combined sales of almost $50 billion. Mondelez previously attempted to purchase Hershey in 2016 for $23 billion; Hershey's market capitalization now sits at approximately $40 billion.
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Similar markets
Successful acquisition • 25%
Failed acquisition • 25%
Ongoing negotiations • 25%
No attempt made • 25%
Regulatory challenges • 25%
Trust's decision • 25%
Financial constraints • 25%
Strategic realignment • 25%
Increase by over 10% • 25%
Decrease by over 10% • 25%
No significant change • 25%
Fluctuates but returns to baseline • 25%
Mondelez outperforms Hershey • 25%
Hershey outperforms Mondelez • 25%
Both perform equally • 25%
Other • 25%
New antitrust legislation • 25%
Revised merger guidelines • 25%
No significant changes • 25%
Other regulatory changes • 25%
More stringent regulations • 25%
Less stringent regulations • 25%
No significant change • 25%
New merger guidelines issued • 25%
Yes • 50%
No • 50%
Yes • 50%
No • 50%
Merger approved without conditions • 25%
Merger approved with conditions • 25%
Merger blocked • 25%
Merger withdrawn • 25%