Thread regarding Mondelez International Inc. layoffs

Pepsico to acquire Mondelez

3) Mondelez (MDLZ) : Don't expect robust activity in the packaged goods space, but Cramer would not be surprised if Pepsico Inc. (PEP) were to pick up snack maker Mondelez International Inc. (MDLZ) now that Pepsico has a new CEO. Pepsico's snack business could use more international scale, Cramer said, and Mondelez has new, aggressive management that wants to be independent but it has restive shareholders who are tired of waiting around for the big earnings breakout.

Source: https://www.thestreet.com/jim-cramer/jim-cramer-s-top-takeover-targets-for-2019-14796291

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Post ID: @OP+WopDT2p

4 replies (most recent on top)

Ha ha ha

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Post ID: @1xdv+WopDT2p

I would be quite surprised if anyone was even remotely interested in the company. Even more surprisingly representatives of Pepsi have already surveyed our branch....

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Post ID: @hcp+WopDT2p

PepsiCo doesn't want Mondelez. They are already in the snack industry with Frito Lay

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Post ID: @hfo+WopDT2p

The logic checks out out: "tired of waiting around for the big earnings breakout."

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Post ID: @zhy+WopDT2p

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