acquisition
Business
US Giant Mondelez Acquires Greek-Founded Chipita for $2 Billion
Mondelez International acquired Chipita, a leader in the bakery product and snacks in central and eastern Europe, for around $2 billion.
Greece
MEL Macedonian Papermills Acquired by Turkish Group Pak Holdings
After the owner of MEL S.A. Macedonian Papermills, Kyriakos Oikonomou, was arrested on November 21, 2011, for tax evasion totaling 800,000 Euros, the company based in Thessaloniki will be acquired by the Kartonsan subsidiary of the Turkish Group Pak...