Mondelez International unveils chocolate plans

|By:, SA News Editor

Mondelez International (MDLZ -1.1%) says it will make a major expansion into the U.S. chocolate market. The plan was unveiled during a presentation at the Barclays Global Consumer Staples Conference.

The company's chocolate plans include pairing Oreo with European brand Milka.

Execs also talked numbers at the conference, saying Mondelez is on track to deliver free cash flow of at least $1.4B this year and double that mark in 2018.

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