Mondelēz North American president exits
Mondelēz International has announced that Roberto Marques, executive vice president and president, North America, will leave the company. IFT Daily News
Tag: Mondelez
Mondelez lays groundwork to replace its CEO
According to The Wall Street Journal, Mondelez International is preparing to look for a successor to its Chief Executive Officer Irene Rosenfeld, as the snack giant faces pressure from restive … Continue Reading →
Mondelēz expands health and wellness offerings
At the Consumer Analyst Group of New York (CAGNY) conference, executives of Mondelēz International detailed the company’s strategy for both top- and bottom-line growth to deliver strong shareholder returns. IFT … Continue Reading →
Mondelēz divests Australian grocery business
Mondelēz International has reached an agreement to sell most of its grocery business in Australia and New Zealand to Bega Cheese for $ 460 million AUD (approximately $ 348 million … Continue Reading →
Mondelēz invests $65 million in global R&D hubs
Mondelēz International has confirmed a $ 65 million investment to build a global Research, Development & Quality (RDQ) network, which will enable the company to better recruit, retain, and develop … Continue Reading →
Mondelēz abandons bid for Hershey
Mondelēz International has ended discussions with Hershey regarding a possible combination of the two companies. IFT Daily News
Mondelēz expands Cocoa Life in Indonesia
Mondelēz International has completed the first phase of its new partnerships with Swisscontact, Cargill, and Wahana Visi Indonesia to expand its Cocoa Life program in Southeast Sulawesi, Indonesia. IFT Daily … Continue Reading →
Mondelez acquires license for <em>Cadbury</em> biscuits
Mondelez International has entered into agreement to purchase the Cadbury biscuit license from Burton’s Biscuit, allowing the company to manufacture, market, and sell the items around the world. The deal … Continue Reading →
Hershey rejects Mondelēz $23 billion takeover bid
Hershey has confirmed that it received a preliminary, non-binding indication of interest from Mondelēz International to acquire the company for a mix of cash and stock consideration, totaling $ 107 … Continue Reading →
Mondelez makes takeover bid for Hershey
According to The Wall Street Journal, Mondelez International, the maker of Oreo cookies and Cadbury chocolates, has made a takeover bid for Hershey. IFT Daily News