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Mondelez (MDLZ) to Acquire License to Manufacture, Market and Sell Cadbury-branded Biscuits

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Mondelez International to Acquire Cadbury Biscuits License from Burton’s Biscuit Company

August 12, 2016 8:00 AM EDT

DEERFIELD, Ill., Aug. 12, 2016 (GLOBE NEWSWIRE) -- Mondelz International, a world leader in biscuits and chocolate, today announced an agreement to purchase from Burtons Biscuit Company the license that enables the company to manufacture, market and sell Cadbury-branded biscuits around the world, including in the UK, France, Ireland, North America and Saudi Arabia, subject to regulatory approval.

Ownership of the Cadbury biscuits license offers us... More