date:May 08, 2014
illion for its coffee business and will hold a 49% equity interest in the new company.
Were delighted with this transaction and the substantial value we expect to create for our shareholders, said Irene Rosenfeld, chairman and c.e.o. of Mondelēz International. By retaining a significant stake in the combined company, well continue to benefit from the future growth of the coffee category and share in the synergies and tremendous upside of this leading, one-of-a-kind coffee company.
Acorn will