The following corporate finance-related stories were reported by media: * Activist investor Nelson Peltz said Mondelez International Inc was doing too little to cut costs, the Wall Street Journal reported on Tuesday, citing a presentation given by Peltz in Chicago.* Private equity firm CVC Capital Partners is in advanced talks to purchase a majority stake in high-end China restaurant chain South Beauty Investment Co Ltd for around $300 million, two sources with knowledge of the matter told Reuters.
Mondelez International, Inc. (Mondelez International), is a snack manufacturing company. Shares of MDLZ traded higher by 0.98% or $0.33/share to $33.90. In the past year, the shares have traded as low as $24.50 and as high as $42.54. On average, 9042840 shares of MDLZ exchange hands on a given day and today's volume is recorded at 6175057.
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