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Hershey to buy China confectioner

2013-12-20 08:32:57| BBC News | Business | UK Edition

Hershey plans to buy a Chinese confectionery company as it expands its foothold into the world's fastest-growing consumer market.

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Hershey commits to zero deforestation for palm oil

2013-12-20 00:20:00| Climate Ark Climate Change & Global Warming Newsfeed

Mongabay: In an effort to avoid palm oil linked to deforestation, candy giant Hershey Company (NYSE:HSY) will source 100 percent of its palm oil from traceable sources by the end of 2014. The commitment, announced Tuesday, comes on the heels of a similar pledge from Unilever, the world's largest corporate consumer of palm oil, and a new forest conservation policy from Wilmar, a Singapore-based agribusiness giant that producers or trades 45 percent of global palm oil production. Hershey had earlier set...

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Hershey to acquire iconic Chinese confectionery firm

2013-12-19 22:52:08| Food - Topix.net

Hershey Netherlands B.V. has signed an agreement to acquire an 80% stake in Chinese confectionery and snack firm Shanghai Golden Monkey Food Company - and the remaining 20% in 2015.

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Hershey to acquire majority stake in Chinese confectionery firm SGM

2013-12-19 01:00:00| Food Processing Technology

Hershey Netherlands, a wholly-owned subsidiary of chocolate producer The Hershey Company, has entered into an agreement to buy an 80% stake in Chinese confectionery firm Shanghai Golden Monkey Food (SGM), for an undisclosed amount.

Tags: firm chinese majority acquire