Mergers & AcquisitionsBy The Online Investor Staff, updated Wed., Feb. 26, 5:59 PM
|This Slide: #8 of 100|
Slide #8. Mondelz International — Give & Go
Mondelz International (NASDAQ:MDLZ)
Give & Go
Mondelz International today announced an agreement to acquire a significant majority interest in Give & Go, a North American leader in fully-finished sweet baked goods and owners of the famous "two-bite" brand and the "Create-A-Treat" brand known for cookie and gingerbread house decorating kits. Give & Go is being sold by funds affiliated with Thomas H. Lee Partners, L.P. (THL).
Mondelez International sells food and beverage products. Co. makes and sells primarily snacks, including biscuits (cookies, crackers and salted snacks), chocolate, gum and candy, as well as various cheese and grocery and powdered beverage products. Co.'s portfolio includes snack brands such as Cadbury, Milka and Toblerone chocolate; Oreo, belVita and LU biscuits; Halls candy; Trident gum and Tang powdered beverages. Co.'s operations and management structure are organized into four operating segments: Latin America; Asia, Middle East and Africa; Europe; and North America. Co. sells its products to supermarket chains, wholesalers, supercenters, value stores and other retail food outlets.
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Strong Buy (3.50 out of 4)
(ranked higher than approx. 64% of all stocks covered)
Based on Zacks ABR data;
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