Mondelez, a leading F&B group with a major presence in Mideast region through its UAE, Saudi and Bahrain plants, has sold its gum business to candy maker Perfetti in a $1.35 billion deal, as part of its plan to focus on chocolate, biscuit and snacks.
Mondelez offloads chewing gum assets in US, Canada and Europe to Perfetti Van Melle for $1.4bn thegrocer.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thegrocer.co.uk Daily Mail and Mail on Sunday newspapers.
Mondelēz Selling Gum Business In Developed Markets To Perfetti Van Melle kamcity.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kamcity.com Daily Mail and Mail on Sunday newspapers.
Mondelez (MDLZ) to Sell Its Developed Market Gum Business to Perfetti Van Melle for $1.35B streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.