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Mars: Takes Sweet Bite with £534m Hotel Chocolat Acquisition

Mars Inc., a renowned American candy company, has agreed to purchase Hotel Chocolat Group Plc, a British luxury chocolate retailer, for a whopping £534 million ($664 million).

Co-founder Angus Thirlwell's vision for Hotel Chocolat sold for £534 million to Mars, a major win for the gourmet chocolate brand. PHOTO: Shutterstock/ALP/Thisismoney
Co-founder Angus Thirlwell’s vision for Hotel Chocolat sold for £534 million to Mars, a major win for the gourmet chocolate brand. PHOTO: Shutterstock/ALP/Thisismoney

The acquisition aims to support Hotel Chocolat’s international expansion and diversify Mars’ product offerings beyond their popular mass-market candies like Snickers and Twix.

Under the deal, Mars will offer 375 pence per share, representing a significant premium of

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