Kraft's snack unit to be known as Mondelez

03/22/2012 | CNNMoney · Wall Street Journal, The · BBC

Kraft has chosen Mondelez (a combination of the Latin words for "world" and "delicious") as the name of its snacks division. The company will split in two later this year, with Kraft Foods Group representing the grocery aisle and Mondelez serving to "reinforce the truly global nature of this business," according to CEO Irene Rosenfeld.

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CNNMoney · Wall Street Journal, The · BBC

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