Enterprise & FinanceOffers
25 August 2023, 7:11 pm 1 minute
Reuters was first to report that Hostess Manufacturers, the maker of Twinkies snack desserts, is exploring a sale after fielding takeover curiosity from main snack meals makers. Hostess grew to become an acquisition goal after it raised costs on a few of its merchandise to spice up income, fueling investor considerations over its prospects. Basic Mills Inc, Mondelez Worldwide, PepsiCo Inc and Hershey Co are among the many firms which have proven an curiosity in buying Hostess. Hostess shares rose as a lot as 30% on the information.
Hostess shares rose as a lot as 30% on the information.
Subjects of Curiosity: Enterprise & FinanceOffers
Kind: Reuters Finest
Sectors: Enterprise & Finance
Nations: United States
Win Varieties: Pace
Story Varieties: Unique / Scoop
Media Varieties: Textual content
Buyer Affect: Vital Nationwide Story