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For Oreo, Cadbury and Ritz, a New Parent Company
Shareholders of Kraft Foods on Wednesday overwhelmingly approved Mondelez International as the name of the $35 billion snack foods company that will be created when the company finally splits sometime later this year. Coined by two of Kraft's ...
Kraft: Spin-Off To Spread Shareholder Value
Mondelez is now the new name of Kraft Foods (KFT) international division after shareholders unanimously voted to approve the controversial new name over the more conservative obvious choices like Kraft Foods International. Brands that will run under ...
Classic snacks get international makeovers; Russians prefer their Lay's potato ...
The rise in international revenue at Kraft was more than double the increase in North America last year. Kraft also plans to split into two separate units by the end of the year.
'Crab' chips, fruity Oreos? They're big overseas
The largest will be a global snacks company called Mondelez International to sell its Trident gum and Cadbury chocolates in fast-growing countries worldwide.
Nichirei Corp : Announcement of Acquisition of US Food Company
NESTL�, 12.53%, 264 876. THE KRAFT HEINZ COMPANY, -1.64%, 105 330. MONDELEZ INTERNATIONAL, -2.39%, 65 537. DANONE, 8.79%, 52 433.
Savoury Systems International expands NJ facility
The new space, next to the company's headquarters, will allow for three new loading docks, kosher and non-kosher product storage, plus extra office space, said the firm, which was founded in 1997 by Dave Adams.
General Mills To Buy Brazilian Food Maker Yoki
“Yoki adds key capabilities and geographic scale that will accelerate our growth in Brazil,” said Chris O'Leary, General Mills' executive vice president and chief operating officer for international. The acquisition will help “expand our current Haagen ...
Chicago's private-equity industry slowly awakens from a deep slumber
One upside: Investors nationwide are now funneling money into smaller funds that delivered consistent returns amid the economic downturn and dodging firms weighed down by big company investments. Illustrative of the trend: Of 17 U.S. buyout funds ...
Flowers to acquire Lepage Bakeries for $370 million
THOMASVILLE, GA. - Flowers Foods, Inc. has entered into a definitive agreement to acquire Lepage Bakeries, Inc., of Auburn, Maine, for $370 million in cash and stock.
Is Algae DHA As Healthy as Fish Oil DHA?
By now, many of the benefits of omega-3 fatty acids have been well established, particularly their actions as anti-inflammatory agents and their tendency to reduce the potential for blood clots by decreasing platelet aggregation (otherwise known as the ...