date:Aug 04, 2012
cery business will become Kraft Foods Group, and trade as KRFT.
Mondelez International will seek to capture the momentum the company has built up with a number of strategic acquisitions in the global snacking sector over the past several years, including that of Danones LU biscuit brand and UK-based confectionery maker Cadbury. It estimated that as an independent company its global snacks business would generate annual revenue of about $32bn.
Meanwhile, its Kraft Foods Group North American gro