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Mondelez International gives up control of Snackwell brand

Mondelez International (MDLZ) says it will sell a controlling stake in Snackwell to Brynwood Partners for an undisclosed amount.

The company will retain a minority interest in Snackwell which will allow it to see profits if the P-E firm can turn the slumping brand around.

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Comments (1)
  • burtsmet
    , contributor
    Comments (8) | Send Message
    why could not MDLZ turn this co. around or could they be lossing it
    30 Dec 2013, 02:11 PM Reply Like
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