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Stock impact report

Mondelez International Participates in JDE Peet’s  IPO; Retains Significant Stake

Mondelez International, Inc. - Class A (MDLZ) 
Last mondelez international, inc. - class a earnings: 4/28 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: mondelezinternational.com/investors
Company Research Source: GlobeNewswire
Mondelez International contributed to JDE Peet’s successful listing on Euronext AmsterdamCompany will retain two board seats at the global coffee and tea company on listing CHICAGO, May 29, 2020 (GLOBE NEWSWIRE) -- Mondelez International, Inc. (NASDAQ: MDLZ) today announced its participation in JDE Peet’s admission to listing and trading of its ordinary shares on Euronext Amsterdam (Euronext Amsterdam: JDEP) and confirmed that it will be selling a portion of its stake in the coffee and tea company as part of the secondary component of JDE Peet’s offering. The offer price was set at €31.50 per share. After settlement and depending on exercise of the over-allotment option, Mondelez International’s stake in JDE Peet’s will be between 22.9 percent and 23.4 percent. Mondelez International will retain two seats on the board of JDE Peet’s, which has a portfolio of more than 50 brands, including Peet's, Jacobs, L’Or, Senseo, Tassimo and Ti Ora. “We congratulate JDE Peet’s leadership team Show less Read more
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