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Oreo biscuits

KDC shareholders approve 80% sale of snack division to US firm

KDC shareholders approve 80% sale of snack division to US firm

Monday, Dec 01, 2014 Shareholders of confectionery giant Kinh Do Corporation have approved the sale of 80 per cent stake in its snack business to US-based Mondelez, maker of Oreo biscuits, for US$370 million.

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