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Mondelez International Inc (MDLZ.OQ)

MDLZ.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

Bega Cheese to buy most of Mondelēz International's Aussie, NZ grocery cheese business
Wednesday, 18 Jan 2017 04:42pm EST 

Bega Cheese Ltd : Bega Cheese to acquire one of Australia's most iconic food brands-bga.ax . Company will pay $460 million which will initially be funded by bank debt . Agreed to buy most of Mondelēz International's australia and new zealand grocery and cheese business . It has near- term corporate opportunities to pay down debt .Expects mdlz grocery business to generate pro-forma net revenues of about $310 million, ebitda of between $40 to $45 million in its first full year of operation.  Full Article

Bega Cheese to acquire Vegemite and other iconic brands from Mondelēz International
Wednesday, 18 Jan 2017 04:35pm EST 

Mondelez International Inc - : Bega Cheese to acquire Vegemite and other iconic brands from Mondelēz International . Deal for A$460 million . Reached an agreement to sell most of its grocery business in Australia and New Zealand to Bega Cheese Limited . Philadelphia business is not included in deal as it is a Mondelēz International Power Brand . Port Melbourne manufacturing site will transfer to Bega as part of this agreement . Transaction adds Vegemite brand and other grocery brands to Bega's portfolio .Port Melbourne manufacturing site will transfer to Bega as part of this agreement.  Full Article

Mondelēz International says calls for redemption of 2.250% notes due 2019
Wednesday, 16 Nov 2016 08:55am EST 

Mondelez International Inc : Mondelēz international calls for redemption of 2.250% notes due 2019 . Mondelez international inc - called for redemption entire $850 million aggregate principal amount of its outstanding 2.250% notes due 2019 .Mondelez international inc- notes will be redeemed on dec. 16, 2016.  Full Article

Jana Partners cuts sole share stake in Alphabet, takes sole share stake in Mondelez International
Monday, 14 Nov 2016 08:00am EST 

: Jana Partners LLC takes sole share stake of 111,127 shares in Sage Therapeutics Inc . Jana Partners LLC takes sole share stake of 80,744 shares in Nuvasive Inc . Jana Partners LLC dissolves sole share stake in Autonation . Jana Partners LLC cuts sole share stake in Alphabet inc by 61.8 percent to 196,023 Class C shares . Jana Partners LLC dissolves sole share stake in Perrigo Co plc - SEC filing . Jana Partners LLC takes sole share stake of 3.3 million shares in Mondelez International Inc . Jana Partners LLC takes sole share stake of 76,074 shares in Puma Biotechnology Inc . Jana Partners LLC takes sole share stake of 96,210 shares in Neurocrine Biosciences Inc .Jana Partners LLC - change in holdings are as of September 30, 2016 and compared with the previous quarter ended as of June 30, 2016.  Full Article

Mondelēz International announces early participation results of its cash tender offer
Monday, 31 Oct 2016 08:55am EDT 

Mondelez International Inc : Mondelēz International announces early participation results of its cash tender offer; increases the maximum amount . Mondelez International says has increased maximum aggregate principal amount of securities subject to purchase in tender offer from $2.5 billion to $3.16 billion .Expiration date of tender offer is November 14, 2016, unless extended or earlier terminated by company.  Full Article

Mondelez sees continued weak demand from Middle East markets over next few qtrs - conf call
Wednesday, 26 Oct 2016 11:46am EDT 

Mondelez International Inc : Mondelez - EMEA market dynamics down in Q3, especially in Middle East as Gulf states, Saudi Arabia deal with pressures due to persistent low oil prices - conf call . Mondelez executive - planning for continued weak demand from the Middle East markets over next few quarters - conf call . Mondelez - rise in Q3 adjusted operating margin driven by overhead reductions due to zero based budgeting, expansion of shared services - conf call . Mondelez - India posted mix single-digit growth in operating margins in Q3 driven in part by continued strength in chocolate, launch of Bournvita biscuits - conf call . Mondelez executive - encouraged by early market feedback on launch of Milka chocolate in China - conf call . Mondelez - consistent with Q2, Q3 organic net revenue in Brazil continued to be difficult as economy remained in deep recession - conf call . Mondelez - planning for challenging situation in Brazil to continue into at least H1 2017 - conf call Further company coverage: [MDLZ.O] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Mondelez International expands Cocoa Life in Indonesia
Tuesday, 30 Aug 2016 03:00am EDT 

Mondelez International Inc : Mondelez international expands cocoa life in Indonesia .Completed first phase of new partnerships with swisscontact, cargill and wahana visi indonesia to expand its cocoa life in indonesia.  Full Article

Mondelez raised bid for Hershey's to $115/share last week - CNBC, citing DJ
Monday, 29 Aug 2016 04:45pm EDT 

:Mondelez raised bid for Hershey's to $115/share last week before giving up; Hershey wanted at least $125 - CNBC, citing DJ.  Full Article

Mondelez International no longer pursuing combination with Hershey
Monday, 29 Aug 2016 04:08pm EDT 

Mondelez International Inc : Mondelez International Inc says it has ended discussions with Hershey Company regarding a possible combination of two companies .Taking into account shareholder developments at Hershey, determined that there is no actionable path forward toward an agreement.  Full Article

Hershey on conf call- Know there's a lot of chatter about Mondelez offer, not going to comment further on the matter
Thursday, 28 Jul 2016 09:00am EDT 

Hershey Co : On conf call - have intensified focus on analysis of global cost structure and business model . On conf call - initial work underway indicates that there are bigger opportunities to unlock cost savings . CFO- China gross sales are forecasted to decline in 2016 . CFO- for full year expect capex to be in the $265 million-$275 million range, about $20 million less than previous estimate . CFO- advertising and related consumer marketing expense for the year is lower versus previous estimate . Know there's a lot of chatter about Mondelez offer, not going to comment further on this matter . On conf call - expect full-year savings of about $135 million , up from previous estimate Further company coverage: [HSY.N] (Bengaluru Newsroom: +1 646 223 8780).  Full Article

Deals of the Day-Mergers and acquisitions

Jan 19 The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Thursday: