Mondelēz International, Inc.(MDLZ)- NASDAQ
  • Mon, Jul. 4, 6:02 AM
    • While Hershey's (NYSE:HSY) board of directors unanimously rejected Mondelez's (NASDAQ:MDLZ) $23B bid on Thursday, its once impenetrable defenses are now looking weaker, Reuters reports.
    • The Hershey Trust (which holds 81% of the company's voting stock) is under investigation and the Pennsylvania AG's office (which has say in any change in Hershey's ownership) is probing how much it spends and how long its directors have served for.
    • Given the upheaval at the trust and the potential for three new board members, some analysts feel there is a chance the trust could be more open to a sale of the confectioner in the future.
    | Mon, Jul. 4, 6:02 AM | 26 Comments
  • Thu, Jun. 30, 2:31 PM
    | Thu, Jun. 30, 2:31 PM | 64 Comments
  • Thu, Jun. 30, 10:54 AM
    • Hershey (NYSE:HSY) is now up 19.4% after reports of a buyout offer by food giant Mondelez (MDLZ +1.8%).
    • Terms of a deal aren't known, but Hershey is worth $21B and Mondelez nearly $70B, and the combination would unite a well-known American candy brand with the maker of Cadbury chocolates.
    • Any deal depends on the approval of the Hershey Trust (holders of 81% of its votes), which has opposed selling in the past.
    • Mondelez is trying to make a compelling case, though, promising to relocate its chocolate HQ to Hershey, Pa., and rename itself Hershey.
    • Updated 12:29 p.m.: Hershey shares halted again for news.
    | Thu, Jun. 30, 10:54 AM | 31 Comments
  • Thu, Jun. 30, 10:36 AM
    • Mondelez (NASDAQ:MDLZ), the food giant that had been carved out of Kraft Foods, has made a takeover bid for Hershey (NYSE:HSY), The Wall Street Journal reports.
    • Hershey shares are up 7.6% in response.
    • MDLZ is up 1.4% today.
    • Updated 10:39 a.m.: Coming off a halt, Hershey is now up 17.5% to $114.09.
    • Updated 10:45 a.m.: Hershey halted again, up 21.3%.
    • Developing story ...
    | Thu, Jun. 30, 10:36 AM | 56 Comments
  • Thu, Mar. 3, 9:14 AM
    • JAB Holding completes its acquisition of Keurig Green Mountain (NASDAQ:GMCR).
    • The transaction brings Keurig under the same corporate umbrella as Caribou Coffee, Peet's Coffee & Tea, Jacobs Douwe Egberts, Bach Espresso, Bravo, Einstein Noah Restaurant Group, and Espresso House.
    • By swallowing up Keurig, JAB has raised the stakes in its battle with Starbucks (NASDAQ:SBUX), Mondelez International (NASDAQ:MDLZ), Nestle (OTCPK:NSRGY), and JM Smucker (NYSE:SJM) for coffee dominance. For now, Starbucks plans to stick with its Keurig partnership, although on the last SBUX earnings call Howard Schultz called the future of the relationship unresolved (earnings call transcript). The other companies will also have to shift strategy to the new coffee matrix.
    • JAB is a privately-owned company with power divided up between the children of Albert Reimann.
    | Thu, Mar. 3, 9:14 AM | 21 Comments
  • Nov. 11, 2015, 3:30 PM
    • Cerea Capital is interested in acquiring a business unit of Mondelez International (MDLZ), according to French media reports.
    • Brands being offered by Mondelez as part of the deal include Carambar and Krema.
    | Nov. 11, 2015, 3:30 PM
  • Aug. 19, 2015, 11:38 AM
    • Large food companies need to focus on bold M&A and innovation actions over recharging iconic brands, concludes Rabobank in a new report on the sector.
    • A shift in consumer preferences has sparked a need to introduce new brands which are on trend - instead of focusing on "innovation-lite" and product reformulation strategies. Buying promising brands at an earlier stage than normal is seen as a forward-thinking strategy.
    • Related stocks: KHC, MDLZ, PEP, KO, OTCPK:NSRGY, OTCPK:NSRGF, WWAV, HAIN, K, GIS, POST, CPB, PF, THS.
    | Aug. 19, 2015, 11:38 AM | 22 Comments
  • Jul. 2, 2015, 1:30 PM
    • Mondelez (MDLZ -0.6%) is in talks with multiple potential buyers to sell its Carte Noire French coffee brand, and thus placate European antitrust regulators following its deal with D.E. Master Blenders (DEMB) to create Jacobs Douwe Egberts, the world's biggest coffee company.
    • The EC approved the Jacobs Douwe deal on the condition Mondelez unload Carte Noire, and DEMB sell its Merrild coffee unit. Italy's Lavazza struck a deal to buy Merrilld last month.
    • Reuters states Carte Noire is valued around €1B ($1.11B). Mondelez received $4.21B in cash and a 44% JV stake in the Jacobs Douwe deal.
    | Jul. 2, 2015, 1:30 PM
  • May 5, 2015, 6:52 AM
    • Mondelez International (NASDAQ:MDLZ) and D.E. Master Blenders (OTC:DEMBF) land conditional approval from the European Commission on their proposed merger after agreeing to divest a few brands in certain regions.
    • The newly-created Jacobs Douwe Egberts is expected to strike revenue of more than €5B ($5.56B).
    • Pierre Laubies will be the pure play coffee company's CEO.
    | May 5, 2015, 6:52 AM
  • Apr. 24, 2015, 7:00 AM
    • Apollo Global Management (NYSE:APO) and Dean Matropoulus are looking to sell Hostess after only holding the brand for about two years, according to the New York Post.
    • Sources indicate at least one buyer is willing to pay the $2B price tag.
    • Hostess was sold out of bankruptcy for $410M and now operates under a more cost-efficient structure.
    • Analysts think Hostess could be grown to a billion-dollar brand.
    • Snack rivals includes Mondelez International (NASDAQ:MDLZ), Hershey (NYSE:HSY), Flower Foods (NYSE:FLO), and Grupo Bimbo (OTCPK:GRBMF).
    | Apr. 24, 2015, 7:00 AM | 5 Comments
  • Mar. 24, 2015, 9:34 PM
    • Kraft (NASDAQ:KRFT) finished AH trading at $71.44 following a WSJ report stating the company is in talks to sell itself to P-E firm 3G Capital. Mondelez (NASDAQ:MDLZ) rose 3.3% to $36.18, and ConAgra (NYSE:CAG) rose 1.9% to $35.27.
    • The WSJ has added more details. Sources state a deal could be announced soon, and that 3G would use previously-acquired Heinz to make the purchase. It now calls buyout talks "advanced," and highlights 3G's track record of aggressively cutting costs at consumer companies it has acquired.
    • The paper speculates Kraft "could be valued at well over $40 billion," given typical M&A premiums. The food/beverage giant closed AH with a $42.6B market cap.
    | Mar. 24, 2015, 9:34 PM | 18 Comments
  • Mar. 2, 2015, 7:54 AM
    | Mar. 2, 2015, 7:54 AM | 8 Comments
  • Feb. 27, 2015, 9:31 AM
    • Mondelez International (NASDAQ:MDLZ) sells its 50% interest in Ajinomoto General Foods to JV partner Ajinomoto Co.
    • The company says it will receive ¥27B ($226.2M) in pre-tax proceeds at closing.
    | Feb. 27, 2015, 9:31 AM
  • May 7, 2014, 7:10 AM
    • Mondelez International (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.
    | May 7, 2014, 7:10 AM
  • Oct. 2, 2013, 3:11 AM
    • Archer Daniels Midland (ADM) is reportedly close to selling its cocoa business to Cargill in a deal that could be worth up to $2B.
    • The divestiture would further strengthen ADM's shift towards the grains industry as it completes its $3B acquisition of GrainCorp. The transaction would also reduce ADM's exposure to the lower profitability that's affecting the cocoa sector.
    • The deal would create a global price-setting giant to rival Zurich-based Barry Callebaut (BYCBF.PK), the world's biggest producer of industrial chocolate products. Cargill and Barry Callebaut would account for over 50% of world capacity.
    • Food producers that could be affected include MDLZ, HSY, RMCF, KRFT, NSRGY.PK.
    • ETF: NIB
    | Oct. 2, 2013, 3:11 AM | 1 Comment
  • Jul. 17, 2013, 3:19 PM

    Nelson Peltz says Pepsi (PEP +1%) should buy Mondelez (MDLZ +3.8%) for $35 a share and tells Andrew Ross Sorkin that the problem at PEP isn't management, it's "structure."

    | Jul. 17, 2013, 3:19 PM | 1 Comment
Company Description
Mondelez International, Inc. is engaged in the manufacturing and marketing of snack food and beverage products, which include biscuits such as cookies, crackers and salted snacks, chocolate, gum & candy, coffee & powdered beverages and various cheese & grocery products. It operates its business... More
Industry: Food - Major Diversified
Country: United States