AVI Ltd. on Nov. 25 confirmed it is in talks with Chicago-based Mondelez International regarding a potential acquisition of AVI’s Snackworks business.

AVI had hinted at a potential sale of the Snackworks business since September but had not named any potential buyers.

Source : https://www.foodbusinessnews.net/articles/20124-mondelez-in-discussions-to-acquire-snackworks

foodbusinessnews.net

Mondelez in discussions to acquire Snackworks

AVI confirms company is in talks to sell its South African snacks business.