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On May 10, 2022, Mondelez announced that it would sell its gum business, including Trident and Dentyne, in developed markets including North America and parts of Europe, as well as the entire Halls cough drop business. [44] In June 2022, Mondelez announced that it would be acquiring Clif Bar for $2.9 billion. Through the acquisition, Mondelez ...
(Reuters) -Mondelez International on Tuesday beat third-quarter revenue and profit estimates, as the Cadbury parent's efforts to provide its products at different price points drove a sequential ...
Mondelez expects a 3-cent hit to its adjusted per share earnings in 2022 and a $200 million impact on its revenue. UPDATE 3-Mondelez flags profit hit from Ukraine crisis even as quarterly results ...
Mondelez (MDLZ) is benefiting from strong organic sales trend. Its solid pricing, focus on innovation and expansion efforts bode well. Here's Why Mondelez (MDLZ) Stock is up 8% After Q4 Results
As a result of the takeover, Cadbury built a 60 per cent market share in the Australian market. [31] Cadbury was a holder of a royal warrant from Queen Elizabeth II from 1955 to 2022. [6] A warrant from King Charles III was held for a further two years, but was dropped in 2024 due to Mondelez International still operating in Russia. [32]
In 2015 Jacobs Douwe Egberts merged with Peet's Coffee, both now majority-owned by JAB Holding, to form JDE Peet's. [11] [12] On May 29, 2020, JDE Peet's raised $2.5 billion by taking the company public on the Euronext Amsterdam stock exchange in a deal that valued the company at $17.3 billion.
Shares of Hershey, which has a market capitalization of about $35 billion, rose as much as 19% to $208.03, while those of Mondelez were down about 4% in morning trading.
Clif Bar & Company is an American producer of energy foods and drinks. The company's flagship product, Clif Bar, was created by Gary Erickson and Lisa Thomas. The company is based in Emeryville, California, and was privately held until 2022 when it was acquired by Mondelez International for $2.9 billion.