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Mondelez to buy Ricolino for $1.3 billion

04/25/2022

Less than a minute

2022.04.25 15:17

Mondelez to buy Ricolino for $1.3 billion
FILE PHOTO: The logo of Mondelez International is pictured at the company’s building in Zurich November 14, 2012. REUTERS/Michael Buholzer/File Photo

(Reuters) – Mondelez International Inc (NASDAQ:MDLZ) said on Monday it had entered into an agreement with Grupo Bimbo to acquire its confectionery business, Ricolino, for around $1.3 billion.

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04/25/2022

Less than a minute