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Mondelez International to hike some prices in U.K.

Jan. 13, 2017 9:14 AM ETMondelez International, Inc. (MDLZ) StockMDLZBy: Clark Schultz, SA News Editor
  • Mondelez International (NASDAQ:MDLZ) confirms that it is making "selective" price increases in the U.K.
  • The company wasn't specific with which products will see a price boost, although it cited the escalating cost of cocoa since 2013 (see chart). The weak level of the British pound is also a major factor for Mondelez and other multinationals selling in the U.K.

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