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Mondelez to acquire US cookie manufacturer Tate’s Bake Shop for $500m

Cadbury and Oreo owner Mondelez International has snapped Tate’s Bake Shop, a US cookie manufacturer in a deal of about $500 million from private equity firm The Riverside Company and others. Mondelez Acquisition of Tate’s Bake Shop Founded in 2000, Tate’s Bake Shop makes thin-and-crispy chocolate-chip cookies and its acquisition enables Mondelez to widen its […]

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