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According to the CFTC, the purchase raised the price of the commodity and earned the company $5.4 million. [29] On June 30, 2016, Mondelez made a $23 billion offer to buy its smaller rival, Hershey. [30] The half-cash, half-stock deal valued Hershey stock at $107 a share. [30] Hershey's board, however, unanimously rejected the offer. [30]
Mondelez (MDLZ) closed at $58.61 in the latest trading session, marking a -0.73% move from the prior day.
Mondelez (MDLZ) closed at $61.04 in the latest trading session, marking a +1.26% move from the prior day.
Mondelez's (MDLZ) third-quarter 2021 results reflect a rise in earnings and revenues. Solid to-date results led to a raised organic revenue growth view, though high costs are a concern.
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In 2015, Mondelēz International acquired Kinh Do's confectionery business and changed its name to Mondelez Kinh Do Vietnam Joint Stock Company. Mondelēz Kinh Do is currently a member of the global Mondelēz International group, headquartered in Chicago, Illinois, United States.
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Year World market cap Number of listed companies Millions of US$ % of GDP; 1975 1,149,245 27.2 14,577 1980 2,525,736 29.6 17,273 1985 4,684,978 47.0 20,555