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Mondelez in talks to buy Cadbury biscuits licence
NEW YORK: Oreo cookie maker Mondelez International Inc is in talks to buy the licence to make Cadbury biscuits from UK-based biscuit maker Burton’s Biscuits Co,
Published on: Jul 21, 2016, 06:56:46 IST
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NEW YORK: Oreo cookie maker Mondelez International Inc is in talks to buy the licence to make Cadbury biscuits from UK-based biscuit maker Burton’s Biscuits Co, Sky News reported. US-based Mondelez has offered to pay $263 million for the licence, the news website said, citing people familiar with the matter. The talks are at an early stage and may not result in a deal.
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