Business

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

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

Walliams agrees settlement over leaked Britain’s Got Talent conversations
Financial crash could have been far worse for UK were it not for Alistair Darling
‘If we wait another day, maybe we will lose him’: Family fears for 10-month-old and four-year-old taken hostage
Inside Apple’s chip lab, home to the most ‘profound change’ at the company in decades
OPEC+ oil producers head into meeting with quota unease and geopolitical risks casting a shadow