Mondelez To Consider 1.6% Ownership Reduction Resulting From Sale Of Jde Peet's Shares A Partial Sale Of Our Equity Method Investment In Jdep
Portfolio Pulse from Benzinga Newsdesk
Mondelez International Inc. is considering a 1.6% ownership reduction resulting from the sale of its equity method investment in JDE Peet's. The move is part of Mondelez's strategy to optimize its portfolio.
October 10, 2023 | 8:15 pm
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Mondelez's potential sale of JDE Peet's shares could lead to a 1.6% ownership reduction. This could impact the company's earnings and stock price in the short term.
The sale of JDE Peet's shares by Mondelez could lead to a reduction in its ownership stake, which could potentially impact its earnings from this investment. This, in turn, could affect the company's stock price in the short term.
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