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      • The snack-food company, called Mondelez International, would be the legal successor of the old Kraft Foods, while the grocery company would be a new company, Kraft Foods Group. The split was completed in October 2012.
      en.wikipedia.org › wiki › Mondelez_International
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  2. Oct 5, 2012 · Mondelez International Inc. ( NASDAQ: MDLZ) was formerly a part of Kraft Food Inc (KFT). Kraft Food spun-off its business in North America, which is now known as Kraft Foods Group (KRFT). Kraft...

  3. Mar 11, 2024 · In 2012, Kraft Foods renamed its snack food business Mondelez while spinning off its grocery business into a new company that retained the Kraft Foods name. That company has since...

    • Matthew Dilallo
  4. Mondelez, long thought to be a takeover target, faces additional pressure to perform, given the Kraft Food Group's merger with H.J. Heinz.

  5. Nov 8, 2019 · Arguably, after the 2012 spin off, Mondelez ended up with brands with more growth potential than Kraft Foods. In 2018, Mondelez had revenue of $25.94B. The company has a market capitalization of...

    • Dividend Power
  6. Taking into account integration costs, the acquisition reduced Kraft's earnings per share by about 33% immediately after the Cadbury purchase. Creation of Mondelēz International. In August 2011, Kraft Foods announced plans to split into two publicly traded companies, an international snack-food company and a North American grocery company.

  7. May 24, 2012 · Shareholders of Kraft Foods on Wednesday overwhelmingly approved Mondelez International as the name of the $35 billion snack foods company that will be created when the company finally...

  8. Dec 1, 2022 · On June 20th, 2022, Mondelez International Inc said it will buy US energy bar maker Clif Bar & Company for US$2.9 billion (RM12.7 billion) to expand its global snack bar business. Cadbury and Oreo owner Mondelez said it will get the Clif, Luna and Clif Kid brands of bars in its portfolio through the acquisition.

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