Mondelez, a multinational confectionery, food, holding, completed the acquisition of Clif Bar, an energy bar maker, for $2.9bn. “Mondelez International is the right partner at the right time to support Clif in our next chapter of growth. Our purposes and cultures are aligned and being part of a global snacking company with broad product offerings can help us accelerate our growth,” Sally Grimes, Clif Bar & Company CEO.