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Mondelez International, Inc. ( / ˌmɒndəˈliːz / MON-də-LEEZ ), [ 3] styled as Mondelēz International, is an American multinational confectionery, food, holding, beverage and snack food company based in Chicago. [ 4] Mondelez has an annual revenue of about $26.5 billion and operates in approximately 160 countries. [ 5]
Website. snackworks.com [ a] Nabisco ( / nəˈbɪskoʊ /, abbreviated from the earlier name National Biscuit Company) is an American manufacturer of cookies and snacks headquartered in East Hanover, New Jersey. The company is a subsidiary of Illinois -based Mondelēz International.
R. J. Reynolds Tobacco Company was founded in Winston-Salem, North Carolina, in 1875 and changed its name to R. J. Reynolds Industries, Inc. in 1970. It became RJR Nabisco on April 25, 1986, after the company's $4.9 billion purchase, and earlier 1.9 billion stock swap, of Nabisco Brands Inc. in 1985. [ 5][ 6]
Kraft Foods Inc. (/ ˈ k r æ f t /) was a multinational confectionery, food and beverage conglomerate. [4] It marketed many brands in more than 170 countries. Twelve of its brands annually earned more than $1 billion worldwide: Cadbury, Jacobs, Kraft, LU, Maxwell House, Milka, Nabisco, Oreo, Oscar Mayer, Philadelphia, Trident, and Tang. [5]
The all-resulting news made the company's stock crash more than 20% in after-hours trading. [56] The stock plunge resulted in Berkshire Hathaway, the largest stockowner, recording a write down of $3 billion and a stock value loss of $4.3 billion just a day before Berkshire Hathaway's quarterly earnings and annual report to investors. [57] [58]
Athletic Greens, which created AG1, a powdered beverage designed to provide daily nutrition, raised $115 million in new funding that boosts its pre-money valuation to $1.2 billion. The New York ...
In the latest example, reMarkable, the Oslo, Norway-based maker of a simple and slick $299 e-paper tablet of the same name, says that it has passed 1 million devices sold since 2017 and recently ...
Henry Roberts Kravis (born January 6, 1944) is an American businessman, investor, and philanthropist. [1] He is a co-founder of KKR & Co. Inc.. His lavish lifestyle has been criticized by activists looking to reform private equity regulations and restrict the practice of leveraged buyouts he pioneered.