Mondelez Cheese, Grocery Separation Said To Be Precursor To Sale
date:Jul 14, 2014
nt last year to between 15 percent and 16 percent by 2016. Margins narrowed 0.2 percentage points last year.

The cheese and grocery division will be part of Mondelez and its chief, who is yet to be named, will report to Mondelez Europe President Hubert Weber, Mitchell said.

Asked in a May teleconference about a possible divestment of the cheese and grocery business, Rosenfeld said the coffee sale was a unique opportunity for us to create value, and we are not going to get into any other hypoth
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