date:Nov 13, 2013
y. Based on the Separation and Distribution Agreement between the companies, Kraft Foods Group will direct the net proceeds from the award to Mondelez International.
We're pleased that the arbitrator validated our position that Starbucks breached our successful and long-standing contractual relationship without proper compensation, said Gerd Pleuhs, Executive Vice President Legal Affairs General Counsel of Mondelez International. We're glad to put this issue behind us. We can now fully focus