Mondelez International Inc. approved a stock repurchase authorization of as much as $9 billion, days after a report that the snack food company was exploring an acquisition of chocolate maker ...

(Reuters) -Mondelez said on Wednesday it would focus on "bolt-on" deals days after a report that the Cadbury parent was exploring the acquisition of Hershey. Hershey shares, which surged as much ...

Mondelez International Inc.’s latest overture to Hershey Co. underscores the challenges posed by sky-high cocoa prices and penny-pinching consumers, which could make the chocolate company more ...