The CEO of Mondelēz doesn’t seem interested in buying Nestlé’s candy business

Nestlé is considering a sale of its US candy business, and Wall Street is speculating over the most likely buyer of the business.

Mondelēz is one potential bidder, according to recent notes from Jefferies, Morgan Stanley and Bloomberg Intelligence. But according to Mondelēz International CEO Irene Rosenfeld, the company doesn't need M&A to deliver growth.

In an interview with The Bottom Line, Rosenfeld didn't say outright that Mondelēz isn't interested in purchasing the business, but she seemed to allude to it, saying "We are quite satisfied with the portfolio we have today."


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(Source: The Bottom Line with Henry Blodget)