Oreo maker Mondelez to buy nutrition-bar company [MarketWatch]
Mondelez International, Inc. - Class A (MDLZ)
Last mondelez international, inc. - class a earnings: 4/28 04:05 pm
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Source: MarketWatch
Oreo maker Mondelez to buy nutrition-bar company Mondelez International Inc. MDLZ, +0.92% said late Wednesday it has agreed to buy a majority interest in Perfect Snacks, a maker of refrigerated nutrition bars. Terms of the deal were not disclosed. Perfect Snacks had about $70 million in revenue last year and "strong" double-digit growth year-on-year, Mondelez said. Mondelez, the maker of Oreo cookies, Milka chocolate and other snack brands, said it plans to run Perfect Snacks as a separate business "in order to nurture its entrepreneurial spirit and maintain the authenticity of the brand." The deal is expected to close later this summer, the company said. Shares of Mondelez were flat in the extended session Wednesday after the stock ended the regular session up 0.9%.
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News
- Mondelez International, Inc.'s (NASDAQ:MDLZ) Stock Is Going Strong: Have Financials A Role To Play? [Yahoo! Finance]Yahoo! Finance
- European Ice Cream Market Projected to Reach US$ 28.57 Billion by 2030 Amid Premiumization and Innovation Trends [Yahoo! Finance]Yahoo! Finance
- Global Chewing Gum Market Size To Worth USD 19.64 Billion By 2033 | CAGR of 3.57% [Yahoo! Finance]Yahoo! Finance
- Health & Wellness Food Market Projected to Reach $859.43 billion by 2030 - Exclusive Report by 360iResearch [Yahoo! Finance]Yahoo! Finance
- Mondelez International’s Global R&D Team Opens Applications for Second CoLab Tech ProgramGlobeNewswire
MDLZ
Earnings
- 1/30/24 - Beat
MDLZ
Sec Filings
- 4/12/24 - Form PX14A6G
- 4/5/24 - Form DEFA14A
- 4/5/24 - Form DEF
- MDLZ's page on the SEC website