Mondelēz International announced an agreement to acquire Clif Bar & Company, a specialist in energy bars, for USD 2.9 bn. The transaction expands Mondelēz International’s global snack bar business to more than USD 1 billion.
The Hershey Company announced it intends to purchase Dot’s Pretzels. The total purchase price for these two proposed acquisitions is approximately USD1.2 billion, or approximately USD1 billion of investment net of expected future tax benefits.
LINXIS Group and its key financial partner IK Investment Partners announced the acquisition of Bakon from managers and current investor Rabo Investments.
