Deal snapshot: MondelA"z International to Acquire Ricolino for USD 1.3bn.

MANews-(C)2009-2022

Chicago-based snack company Mondelez International, Inc. (NASDAQ: MDLZ) has agreed to acquire Mexico-based confectionary company Ricolino from Mexican baking company Grupo Bimbo for USD 1.3bn, the company said.

The transaction, which is subject to customary closing conditions, will be...

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