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Mondelez International, Inc. (MDLZ)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
66.17+0.26 (+0.39%)
At close: 04:00PM EST
66.50 +0.33 (+0.50%)
After hours: 07:09PM EST
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  • Reuters

    Mondelez sets aside 300 million euro to resolve EU antitrust probe

    Oreo maker Mondelez has set aside 300 million euros ($326 million) to resolve an EU antitrust investigation into whether it blocked cross-border sales of its products in the European Union in breach of competition rules, the company has said in a regulatory filing. The European Commission opened a probe in January 2021 focusing on the parallel trade of Mondelez's chocolate, biscuits and coffee between EU countries where the company is a key producer in a market worth billions of euros. Mondelez, which also makes Cadbury and Toblerone chocolates, said it has been cooperating with the investigation and is currently in talks with the EU competition enforcer in bid to reach a negotiated, proportionate resolution.

  • Reuters

    CORRECTED-Mondelez sets aside 300 mln euro to resolve EU antitrust probe

    Oreo maker Mondelez has set aside 300 million euros ($326 million) to resolve an EU antitrust investigation into whether it blocked cross-border sales of its products in the European Union in breach of competition rules, the company has said in a regulatory filing. The European Commission opened a probe in January 2021 focusing on the parallel trade of Mondelez's chocolate, biscuits and coffee between EU countries where the company is a key producer in a market worth billions of euros. Mondelez, which also makes Cadbury and Toblerone chocolates, said it has been cooperating with the investigation and is currently in talks with the EU competition enforcer in bid to reach a negotiated, proportionate resolution.

  • Zacks

    Is Hershey (HSY) Stock Outpacing Its Consumer Staples Peers This Year?

    Here is how Hershey (HSY) and Mondelez (MDLZ) have performed compared to their sector so far this year.

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