Mondelez International has bought the remaining 20% stake in Vietnamese food company Kinh Do’s snack unit for VND 2tn ($90m) as part of its expansion strategy in emerging markets. In November 2014, Mondelez had agreed to buy 80% of ...
Confectionery producer Kinh Do is planning to build a new instant noodle plant worth $30m in northern province of Bac Ninh, Vietnam, under a partnership with Saigon Ve Wong. Both the companies have signed an agreement to form a joint ...
Tags: Kinh Do, Confectionery, Candy
Mondelez International has agreed to acquire 80% stake in Vietnam-based Kinh Do's snack business for $370m, in order to strengthen its presence in emerging markets. The transaction includes the acquisition of Kinh Do's two production ...
Tags: snack business, Agriculture