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

How $100 billion mining giant Rio Tinto is poised to benefit from the EV boom
This huge indoor ski slope is now covered in solar panels
Microsoft’s investment in OpenAI faces initial review from UK competition regulator
British soldier shot dead in Kenya was just three days from end of tour
Answering the biggest questions on Jon Rahm’s LIV Golf move