Mondelez International
American multinational confectionery, food and beverage conglomerate
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business 2025-06-03 00:00
Mondelez sues Aldi over trademark infringement of snack packaging - Mondelez International has filed a lawsuit against Aldi in Illinois, claiming that Aldi's store-brand snacks use packaging too similar to Mondelez products.
- The lawsuit seeks damages and an order to prevent Aldi from selling these allegedly infringing products.
- This case highlights ongoing legal battles over trademark protections in the marketplace and its implications for consumer perception.
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business 2025-05-30 13:17
Mondelez invests £3.5 million to elevate chocolate tasting in the UK - Mondelez International has committed £3.5 million to improve chocolate tasting processes.
- The company aims to create a new facility to employ 50 tasters.
- This strategic movement showcases the UK's pivotal role in chocolate innovation.
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business 2025-01-10 14:38
Michele Buck steps down as Hershey CEO amid takeover threat from Mondelez - Michele Buck will resign as CEO after a tenure marked by initial success.
- Hershey has struggled with poor earnings and rising costs, leading to a takeover bid from Mondelez.
- The company's future leadership transition is set to be completed by July 2026.
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politics 2024-12-14 09:00
Hershey demands more from Mondelez amid ongoing controversy - Hershey Trust Co. rejected Mondelez's bid for The Hershey Co. over low valuation.
- Cocoa and coffee prices have surged due to supply chain issues and adverse climate events.
- Ongoing corporate developments illustrate the complex interplay of finance and legal challenges in the business world.
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business 2024-12-10 01:59
Mondelez sets sights on acquiring Hershey, sparking industry speculation - Mondelez International is exploring a potential acquisition of The Hershey Company.
- A merger could create a food conglomerate with estimated revenues of $50 billion.
- This ongoing negotiation highlights the need for companies to adapt to market challenges and pursue growth through strategic mergers.
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business 2024-12-09 22:02
Mondelez plans to acquire Hershey and shakes up the chocolate market - Hershey Company stock increased by 14.2% following reports of Mondelez's potential acquisition.
- Mondelez is exploring a merger to form a major food conglomerate worth approximately $50 billion.
- The food industry is adapting to changing consumer preferences, leading to increased merger discussions.
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business 2024-12-09 16:28
Mondelez threatens Hershey's heritage in shocking takeover bid - Mondelez International is pursuing a takeover of Hershey, valued at around $35 billion.
- The packaged-food industry is undergoing consolidation efforts amid changing consumer preferences and rising costs.
- A successful acquisition could create a $50 billion snack powerhouse but faces regulatory hurdles from the Hershey Trust.
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technology 2024-12-03 22:42
Google's Veo video generator launches for select cloud customers - Google's Veo video generator will be available for select clients on the Vertex AI platform.
- Many companies, including Quora and Mondelez, plan to leverage Veo for content creation.
- The introduction of Veo marks Google's commitment to leading in the AI video generation market.
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business 2024-04-30 23:32
Coca-Cola CEO optimistic about future inflation trends - Mondelez CEO expresses concerns about ongoing inflation.
- Coca-Cola CEO predicts inflation will decrease in the future.
- Both CEOs emphasize the impact of inflation on consumer prices.
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business 2024-01-01 01:00
Mondelez, the world's leading snack foods company, wants to be more sustainable You've reached the end
2023 All rights reserved
2023 All rights reserved