Food giant Mars to buy Hotel Chocolat in £534m deal

UK

Hotel Chocolat has agreed to a £534m takeover offer from Mars, the maker of goods from Snickers bars to Pedigree dog food.

The UK specialist chocolatier retailer said the offer represented a 170% premium to its London share price of 139p and the deal would allow its brand to expand internationally

This breaking news story is being updated and more details will be published shortly.

Please refresh the page for the fullest version.

You can receive Breaking News alerts on a smartphone or tablet via the Sky News App. You can also follow @SkyNews on X or subscribe to our YouTube channel to keep up with the latest news.

Articles You May Like

Porsche launches three new Taycan EV models, adding more performance and range
It’s ‘liquidity, stupid’: VCs say tech investing is tough amid IPO lull and ‘nuts’ AI hype
Cars ‘covered in plastic wrap’ in Spain as residents brace for another storm
Trump picks vaccine sceptic as health secretary – and says he will do ‘unbelievable things’
Jets claim G Kahkonen off waivers from the Avs