Ackman takes $5.5bn chunk of Mondelez, mulls takeover
Billionaire activist investor William Ackman’s hedge fund has built a $5.5 billion stake in Cadbury chocolate and Oreo cookies maker Mondelez worldwide Inc (Xetra: A1J4U0 – news), which could become a potential target in a consolidating food industry.
Posted On Aug 06 2015