date:Apr 04, 2019
ely $75 million, including estimated indirect corporate expenses. Assuming the cash proceeds are used only to reduce outstanding debt, the transaction is expected to be less than five per cent dilutive to Kelloggs projected 2019 currency-neutral adjusted earnings per share.
Kellogg will retain the rest of its North America snacking businesses, including its crackers, salty snacks, wholesome snacks, and toaster pastries brands.
On behalf of our entire company, I want to thank the many employees