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.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100