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Oct 2, 2023 · Today, Kellanova, formerly known as Kellogg Company, (NYSE: K), announced the completion of the previously announced separation of its North American cereal business, WK Kellogg Co, resulting in two independent, public companies, each better positioned to unlock its full standalone potential. The separation was achieved through the distribution of all of the shares of WK Kellogg Co to holders ...
- Kellanova - IR Home - About Spin-Off
WK Kellogg Co will be wholly separate and independent...
- KELLANOVA, FORMERLY KELLOGG COMPANY, ANNOUNCES COMPLETION OF ...
The separation was achieved through the distribution of all...
- Kellanova - IR Home - About Spin-Off
Sep 11, 2023 · USA TODAY. 0:02. 1:26. Kellogg Company is splitting in to two independently traded companies, spinning off their global snacking business into Kellanova and North American cereal brand into WK ...
Kellanova, a global snacking powerhouse with a leading presence in international cereal and noodles and North America frozen foods, consisting of approximately 82% of the company’s portfolio; WK Kellogg Co, a leading food company in the U.S., Canada, and Caribbean with a portfolio of iconic, category-leading brands.
WK Kellogg Co will be wholly separate and independent post-spin, and therefore no company will have any operational or management control or influence over the other. Companies typically pursue a spin-off if they believe the businesses will benefit from operating separately versus as a single entity – whether that be to pursue unique growth strategies, investments or opportunities, or to ...
Oct 2, 2023 · Kellogg split into two separate, publicly traded companies, and shares of both tumbled in their first day of trading after the separation. Kellanova, which kept the "K" ticker symbol, is focused ...
- Bill Mccoll
Oct 2, 2023 · The separation was achieved through the distribution of all of the shares of WK Kellogg Co to holders of Kellanova common stock at 12:01 a.m. EDT on October 2, 2023, with Kellanova shareowners receiving one share of WK Kellogg Co common stock for every four shares of Kellanova common stock held as of the close of business on the record date of September 21, 2023.
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Oct 2, 2023 · The separation was achieved through the distribution of all of the shares of WK Kellogg Co to holders of Kellanova common stock at 12:01 a.m. EDT Monday, with Kellanova shareowners receiving one ...
