U.S. chocolate maker Hershey
The newspaper cited a person familiar with the matter, adding that a formal offer could be made within two weeks.
Hershey would give Byron Trott, a banker running his own investment firm, authorization to attract private equity investors, the FT said. On top, the Hershey Trust was preparing to make an equity investment of $1.25 billion.
(Reporting by Douwe Miedema)