- Mondelez International (NASDAQ:MDLZ) says it will form a new coffee company with D.E. Master Blenders.
- The new company, Jacobs Douwe Egberts, is forecast to have revenue of over $7B and an EBITDA margin in the high teens.
- Mondelez will have a 49% interest in Jacobs Douwe Egberts after the transaction closes.
Mondelez International and D.E. Master Blenders form new coffee company
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Symbol | Last Price | % Chg |
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MDLZ | - | - |
Mondelez International, Inc. |