Mondelez to sell gum business in developed markets for $1.35 bln

1 min read . Updated: 19 Dec 2022, 10:14 PM IST Deborah Sophia, Reuters

FILE PHOTO: The logo of Mondelez International (REUTERS)

Mondelez International Inc said it had agreed to sell its gum business in the United States

Oreo maker Mondelez International Inc said on Monday it had agreed to sell its gum business in the United States, Canada and Europe to Perfetti Van Melle Group for a purchase price of $1.35 billion.

This story has been published from a wire agency feed without modifications to the text.

Catch all the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.

More Less

OPEN IN APP