Mondelez to mix Cadbury chocolate and biscuits with Burton's deal: Reuters
Mondelez International Inc is to buy the rights to sell Cadbury-branded biscuits from Britain's Burton's Biscuit Co in a bid to sell more and combine chocolate and biscuits in new products, Reuters reported. Financial terms were not disclosed, but a July news report said Mondelez had offered Burton's about 200 million pounds (US$259.4 million). Burton's has been owned by Ontario Teachers' Pension Plan since November 2013.
12 August 2016•1 min read
