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Mars Inc buys Hotel Chocolat for £534 million

Wow - Mars Inc has agreed to buy Hotel Chocolat, the London-listed cocao grower and cholate maker, for a whopping 169.8pc premium!

The American chocolate maker is paying £534 million for Hotel Chocolat. Below is a link to the details of the takeover transaction:

https://www.londonstockexchange.com/news-article/HOTC/recommended-cash-acquisition/16211897..

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Date: Thursday, 16 November 2023, 7:11 am

[Disclaimer - the information on Betaville does not consitute any form of investment recommendation and is not intended to be relied upon by readers in making, or refraining from, any investment decisions].

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