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The Latest Breaking News from Mondelez

Mondelez Agrees To Acquire Confectionery Company Ricolino For $1.3B

Mondelez International Inc (NASDAQ:MDLZ) has agreed to acquire Grupo Bimbo’s confectionery business, Ricolino, for $1.3 billion. The company expects the acquisition to double the size of its Mexico business and provide an attractive entry point into the chocolate category while expanding its presence in snacking. Ricolino’s annual revenue is about $500 million. It employs 6,000 associates…

Benzinga

Mondelez Doubles Down on Mexico, Further Widens Focus Beyond U.S.

Mondelez doubled down on Mexico and further widened its expansion beyond the U.S., agreeing to pay $1.3 billion for candy maker Ricolino.

The Street

Then and now: How the cost of a Freddo has changed since 2000

Long gone are the days of spending your pocket money at your local shop and being able to purchase a weekend's worth of sugar

Wales Online

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read the most diverse news in one place.

Dairy Milk to shrink chocolate bars - but cost to remain the same

Chocolate lovers, we have some sad news for you - you may have heard the news that Daily Milk are set to change their chocolate bars but don't expect any lower prices

Edinburgh Live

Cadbury fans threaten boycott after change to Dairy Milk bars

One disappointed shopper said: "Cadbury has shrunk the size of a dairy milk bar??? Tragic."

Liverpool Echo

Cadbury reduces size of Dairy Milk share bars - but price stays the same

Parent company Mondelez blamed the reduction on rising productions costs.

Daily Record

Cadbury family-size Dairy Milk bars get 10% smaller but price stays the same

US parent Mondelez blames higher production costs and inflation as 200g bar shrunk to 180g

The Guardian - UK

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Cadbury shrinks Dairy Milk bars as inflation bites

Parent company Mondelez blamed rising inflation and higher costs as it reduced the size of its larger bars by 10%

Evening Standard

Cadbury Dairy Milk chocolate bars to get smaller again, but you'll pay same price

The 200g bar of Dairy Milk is being downsized to 180g, but they will still be sold for around £2 despite the 10% size cut

Chronicle Live

Cadbury shrinks size of Dairy Milk bar as inflation bites - but price will remain at £2

Dairy Milk parent company Mondelez blamed rising inflation in the production of its flagship chocolate as it reduced the size of its larger bars from 200g to 180g

Daily Mirror

Cadbury shrinks Dairy Milk by 10% in face of rising costs - but price stays same

"We’ve had to make the decision to slightly reduce the weight of our medium Cadbury Dairy Milk bars for the first time since 2012"

Wales Online

Cadbury shrinks iconic Dairy Milk bars as inflation bites – but price stays the same

Parent company Mondelez blames soaring inflation and rising costs for a reduction in the size of its larger bars

The Independent UK

British television's 10 most complained about adverts of all time

Some are controversial, while others are just plain offensive

Bristol Post

3 Consumer Defensive Stocks to Buy on the Dip: Tyson, Diageo, and Mondelez

The Russian-Ukraine conflict and rising inflation have led to heightened volatility and are raising the possibility of an economic downturn. Consumer defensive stocks are typically known to hold up well in such a tough market environment. Given this backdrop, it could be wise to buy the dip in consumer defensive…

StockNews.com

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Daily Mirror

Uniqlo says it has no plans to close stores in Russia because clothes are a 'necessity'

Cadbury owner Mondelez, Dettol maker Reckitt and Dunhill and Lucky Strike maker British American Tobacco (BAT) are also among brands continuing to trade in Russia

The Street

Oreos Maker Wants to Find the Future of Snacks

Mondelez International is giving 10 startups $20,000 to create the next viral snack.

The Independent UK

Alton Towers owner Merlin to take control of Cadbury World

Merlin Entertainments has confirmed a deal to buy the operations and brand licences from Mondelez International.

The Street

Mondelez Q4: Why Pandemic Hurts and Helps Oreos Maker's Bottom Line

Mondelez, producer of brands ranging from Chips Ahoy to Triscuits, says the pandemic will keep people at home and snacking, inflation notwithstanding.

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