Mondelez in talks to buy Cadbury license from Burton's: Reuters
Oreo cookie maker Mondelez International Inc is in talks to buy the license to make Cadbury biscuits from U.K.-based biscuit maker Burton's Biscuits Co, Reuters reported, citing an earlier story by Sky News. U.S.-based Mondelez is said to have offered to pay about 200 million pounds for the license. Burton's, owned by Ontario Teachers' Pension Plan, makes biscuits such as Cadbury Fingers under license from Cadbury UK.
25 July 2016•1 min read
