![Mondelez to buy Ricolino for $1.3 billion](https://i-invdn-com.investing.com/trkd-images/LYNXNPEI3O0FX_L.jpg)
© Reuters. FILE PHOTO: The logo of Mondelez International is pictured at the company’s building in Zurich November 14, 2012. REUTERS/Michael Buholzer/File Photo
(Reuters) – Mondelez International Inc (NASDAQ:) said on Monday it had entered into an agreement with Grupo Bimbo to acquire its confectionery business, Ricolino, for around $1.3 billion.
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