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Named after the company’s original founder
- The snacking and plant-based company spinoff will be called Kellanova, adopting the Latin word “nova”, meaning new. Its North American cereal business will be known as WK Kellogg Co, named after the company’s original founder.
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Sep 11, 2023 · 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 Kellogg Co.
The spin-off will better position both businesses to unlock its full potential by creating: 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;
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.
On October 2, 2023, Kellogg Company (NYSE: K) completed the separation of its North American cereal business through a tax-free spin-off of WK Kellogg Co to Kellogg Company shareholders. WK Kellogg Co is independent, public company trading on the New York Stock Exchange (NYSE) under the ticker symbol “KLG”.
Oct 2, 2023 · CHICAGO, Oct. 2, 2023 /PRNewswire/ -- 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.
Mar 15, 2023 · Kellogg Co's global snacking business will be called "Kellanova" following the spin-off of its North American cereal unit, the packaged food giant said on Wednesday, as the company splits itself...
Sep 11, 2023 · Kellogg Company's Board of Directors approved the pending separation of Kellogg Company into Kellanova and WK Kellogg Co. The separation is expected to become effective on October 2, 2023. The Company also set the distribution ratio of shares at 1 share of WK Kellogg Co for every 4 shares of current Kellogg Company.
