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No mourning Joe

7 May 2014 By Kevin Allison

With the sale of its coffee business, the $65 bln Oreos-to-Cadbury group gets $5 bln of cash and a more focused snack-foods portfolio. A simultaneous restructuring should allow it to cut more costs and limber up for new deals, starting with director Nelson Peltz’s bugbear, Pepsi.

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