The 12 stories of 2012: Chosen by you
Kraft Foods reveals new name for global snacks business
Kraft Foods announced that Mondelēz International would be the new name for its global snacks spin-off and its North American grocery business.
The first part ‘Monde’ is derived from the Latin word for ‘world’, while ‘delez’ is said to be a shortened expression for ‘delicious’.
Kraft officially split any on October 1 into two publically traded companies.