Mondelez (MDLZ) to Acquire Evirth
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/21/2026
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- BofA's Hartnett sees dollar slump, risk selloff if bond intervention fails
- Applied Optoelectronics sets up $600M at-the-market stock offering
- Fannie Mae loses at least 10 senior executives amid departures - WSJ
- Wall Street sinks as bond yields rise, Walmart results disappoint
- Supermicro probe finds no senior management link to export violations
- Wolfe remains "broadly bullish on AI semis stocks", names Top Pick
Mondelēz International to Acquire Evirth, a China Leader in Fast-Growing Cakes and Pastries
September 20, 2024 4:05 PM EDTSignificantly expands Mondelz investment in a China category leader for frozen-to-chilled cakes and pastries
Meets rising demand for fresh, premium offerings especially among younger consumers in top-tier citiesBuilds upon existing strategic partnership to launch new Oreo and Philadelphia branded product innovations and expand distribution
CHICAGO, Sept. 20, 2024 (GLOBE NEWSWIRE) -- Mondelz International, Inc. (Nasdaq: MDLZ) today announced that it has signed an agreement to acquire a significant majority stake in Evirth, a leading manufacturer of cakes and pastries in China, subject to customary closing conditions,... More
