date:Jul 14, 2014
e and grocery business, said a person with knowledge of Mondelezs deliberations, who asked not to be identified as the plans are private.
Detaching cheese and grocery operations in Europe comes two months after Mondelez agreed to split off its coffee unit to form a new entity, along with D.E Master Blenders 1753 BV, to be called Jacobs Douwe Egberts. Mondelez generated 3.9 percent of its $35.3 billion in revenue last year from European cheese and grocery, according to its annual report.
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