The approach is still in the preliminary stages and it is not certain that talks will lead to a deal, according to Bloomberg.
Any deal would need the approval of the Hershey Trust Company, a charitable trust, that maintains voting control over the business.
A merger of the two companies could bring some of the world’s best-known confectionary and snack foods under one roof.
Hershey is known for brands including Hershey’s Kisses and Reese’s Peanut Butter Cups.
As well as owning Cadbury, which it bought in 2010, Mondelez brands include Ritz crackers, Oreo biscuits and Toblerone chocolate.
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