OREOS BOSS: The reaction to Amazon’s deal for Whole Foods was ‘overplayed’
|07/08/2017||Posted by BusinessMediaguide.Com under General World News||
• Irene Rosenfeld, the CEO of Mondelēz International, doesn’t seem interested in buying Nestlé’s candy business, despite speculation on Wall Street that Mondelēz might be a potential bidder. “We are quite satisfied with the portfolio we have today,” she said. “We don’t need M&A to deliver our growth.”
• Rosenfeld says the news about Amazon buying Whole Foods has been a bit “overplayed” with respect to how quick and drastic the change will be.
• Mondelēz is perhaps best known as the maker of Oreos, but according to Rosenfeld, the biggest trend it is seeing from consumers is a push toward read more >>>