Mondeléz International (MDLZ)

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Mondelez CEO: Looking for Global Growth with Snack Platforms -CNBC

10/03 08:05 AM


Mondelez International Inc. (MDLZ:$28.008,0$0.188,00.68%) chief executive Irene Rosenfeld said Wednesday on CNBC that "organic opportunities are the one biggest single opportunity for growth" with the spin off of the Mondelez (MDLZ:$28.008,0$0.188,00.68%) power snack group from its Kraft Foods grocery group.

"We see tremendous opportunities to take snacking platforms from one market to the next, to take markets like India and China for example, and put new products through those routes to market."

Ms. Rosenfeld said in future "tack-on acquisitions" particularly in developing markets to supplement some of their capabilities would be a "very good use" of their currency.

Full story at www.cnbc.com
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