Mondelez completed the acquisition of the remaining 20% stake in Kinh Do, for $90m.

Mondelez, a confectionery, food and beverage company, completed the acquisition of the remaining 20% stake in Kinh Do, a joint stock company specialized in producing diversified food and beverage, for $90m. Mondelez now completely owns the Kinh Do Corp snack unit and the acquisition will help the American confectioner to strengthen its presence in the Vietnamese market.