Pershing Square To File 13D Disclosing 7.5% Stake In Mondelez

(RTTNews) - Pershing Square Holdings, Ltd. Wednesday revealed a new position in Mondelez International, Inc. (MDLZ).

Pershing Square Capital Management, L.P. or PSCM, the investment manager for Pershing Square Holdings, Ltd., said it intends to file a beneficial ownership report on Schedule 13D with the United States Securities and Exchange Commission to disclose the beneficial ownership of 120,265,238 shares of Mondelez Class A common stock by funds that PSCM manages.

These shares represent a 7.5 percent stake in Mondelez. Pershing Square Holdings, Ltd.'s proportionate beneficial ownership is 47,769,767 shares or about 3 percent of Mondelez's outstanding shares.