8-KRegulation FDExhibits & Filings

Mondelez International, Inc. 8-K Report, Regulation FD Disclosure (May 5, 2015)

Filed May 5, 2015For Securities:MDLZ

Summary

Mondelez International, Inc. (MDLZ) filed an 8-K on May 5, 2015, to disclose a significant development in its coffee business. The company, along with D.E Master Blenders 1753 B.V., received conditional approval from the European Commission to combine their respective coffee businesses into a new entity named Jacobs Douwe Egberts. This conditional approval is a crucial step towards finalizing the previously announced strategic transaction, which was initially revealed on May 7, 2014. Investors should view this as a positive development, indicating progress in the company's strategy to divest or combine non-core assets and focus on its snacks and confectionery portfolio. The formation of Jacobs Douwe Egberts is expected to create a leading global coffee player.

Key Highlights

  • 1Mondelez International and D.E Master Blenders 1753 B.V. received conditional approval from the European Commission for their coffee business combination.
  • 2The new combined coffee company will be named Jacobs Douwe Egberts.
  • 3This approval is a key milestone for the previously announced transaction from May 7, 2014.
  • 4The filing is a Regulation FD Disclosure (Item 7.01).
  • 5The press release announcing this event is attached as Exhibit 99.1.

Frequently Asked Questions

The main purpose of this 8-K filing is to announce that Mondelez International and D.E Master Blenders 1753 B.V. have received conditional approval from the European Commission to combine their coffee businesses into a new company called Jacobs Douwe Egberts.

The original announcement regarding the combination of the coffee businesses was made on May 7, 2014.

The conditional approval from the European Commission is a significant step towards the completion of the strategic transaction. It indicates that regulatory hurdles in a major market are being cleared, moving the formation of Jacobs Douwe Egberts closer to reality.

Jacobs Douwe Egberts is the name of the new company that will be formed by combining the coffee businesses of Mondelez International and D.E Master Blenders 1753 B.V. It is expected to become a leading global coffee company.