date:Jun 24, 2022
Kellogg Company is planning to separate its North American cereal and plant-based foods businesses via tax-free spin-offs, resulting in three independent public companies, which it says will each be better positioned to unlock their full standalone potential.
The three companies, whose names will be determined later, would be the following:
Global Snacking Co., with about $11.4 billion in net sales, will be a company in global snacking, international cereal and noodles, and North America froze