Mondelez International Inc. is working with Morgan Stanley as it studies a bid for Arnott’s Biscuits, the Australian maker of Tim Tams, and Danish butter-cookie producer Kelsen Group, people familiar with the matter said.
https://www.bloomberg.com/news/articles/2018-11-19/mondelez-is-said-to-hire-morgan-stanley-to-study-tim-tam-bid
Why are people surprised by this? Did you read the strategic review? They are focusing on acquiring niche companies to add to the portfolio. All we have done was celebrate Oreo bday, and create more Oreo flavors, celebrate another bday, c/a bday! Get real! Our attempt at the health segment was Vea, big bet for the year. What a dog! We have not sold anything more to increase profits, just raised prices and cut costs. Can’t do that forever!
1st Tate's now Tim-Tam!! It won't matter to us anyways. They're both warehouse items. We won't be here much longer. That's Dirk's new plan! DSD is dead!!