Transactions – Partial List
- Split of Kraft into separate public companies: Kraft for N. American Foods and Mondelez for Global Snacking
- Acquisition of Cadbury, $19 billion
- Divestiture of Pizza business, $3.7 billion
- Tax advantaged merger of Post Cereal with Ralcorp, $4 billion (pre-tax basis)
- Acquisition of Danone’s LU Biscuit business, $7 billion
- Acquisition of United Biscuits Iberian business, $1 billion
- A total of 30 divestitures including Milk Bone, Poland Chocolate (Cadbury), Romania Chocolate (Cadbury), Stella D’Oro, certain Spanish biscuit assets, Nordic salted snacks,
- Brazil Marquary drinks.
- Merger of Miller Brewing Company into South African Breweries, $5.6 billion.
- EDS IT technology outsourcing and consulting (undisclosed).
- Private agreement for 75% followed by mandatory public tender. Achieved 98% shareholding in Papastratos, a Greek tobacco business, $500 million.
- Acquisition of IBM’s Italian networking business (price undisclosed).
- Brand licensing and technology sharing agreement with Cantel Wireless, $150 million.
- Divestiture of undersea cable manufacturing and installation business to Tyco International, $850 million.
- Mexican wireline telecommunications joint venture (Alestra) between AT&T and Grupo Alfa.
- Cellular partnership with Bell South covering Los Angeles and Houston.
- Divestiture of Language Line over-the-phone interpretation business to Providence Equity Partners (price undisclosed).
- Acquisition of 48% interest in Lin Broadcasting (Cellular), $3.3 billion.
- Divestiture of WOOD TV to Hicks Muse for $125 million.
- Acquisition of Vanguard cellular for $1.5 billion.
- Acquisition of Smartalk prepaid card business out of chapter 11, $150 million.
- Divestiture of Transtech telemarketing/customer care to Matrixx, $625 million.
- Divestiture of paging business to Metrocall, $110 million cash and $95 million face amount of convertible-preferred.
- Acquisitions of Faberge/Elizabeth Arden, $1.5 billion and Calvin Klein $300 million.
