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 ...

(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 ...