![]() ![]() Hotel Chocolat chief executive and joint founder Angus Thirwell will stay with the business under the terms of the deal. Buy Phase 10.24: Phase 10 Score Sheets: V. ![]() Outlining its reasons for the extraordinary premium on the bid, Mars said that it had long admired Hotel Chocolat's "impressive credentials as a contemporary, premium brand with a differentiated product offering, world-class product quality and strong direct-to-consumer capabilities."Äescribing the companies as "culturally aligned", Mars said that it believes it can support Hotel Chocolat's next growth phase with its international footprint, global supply chain and commercial relationships. The object of the game is to be the first player to complete 10 varied Phases-two sets of three, one run of seven, seven cards of one color and more. ![]() That meant an underlying loss before tax and exceptional costs of just under $1 million, compared with a profit of $26.9 million for the 2022 financial year. Lower sales driven by online and international sales reductions led to an anticipated small underlying loss, with a revenue decline of 10% to $253.5 million, with domestic sales down 8%, largely driven by a 24% fall in online and wholesale, while its stores showed an 8% increase in sales. The cash offer represents a 4.65 per share deal, a 170 premium on its pre-bid price of 1.72, which sent Hotel Chocolat’s stock price soaring to circa 4. /rebates/2fip2fPhase-10-Card-Game2f181126033&. by Sean Gallup/Getty Images) Getty Images International powerhouse Mars is backing its scale to fast track Hotel Chocolat expansion. ![]()
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