The agreement involves the transfer of both the production of chocolate and other confectionery products (handled by Prized Development and its subsidiaries through Le Conté Food) and sales and distribution (performed through COFCO Food Sales & Distribution).

Mondelez Int'l has reportedly hired an investment bank to explore the sale of several European brands.

The Rodeo Drive of online domains is finally on the market. Sedo, the largest domain name marketplace, announced the sale of Chocolate.com and its accompanying business.