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

Business

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

What to know about the significant changes to PGA Tour eligibility
Israel hits central Beirut with series of airstrikes – reports
Dune: Prophecy star says series is the first time she has felt confident her scenes would not be cut
‘IVF can be prohibitively expensive’: Joy star James Norton on story of first ‘test-tube baby’
Intuit shares drop as quarterly forecast misses estimates due to delayed revenue