Kellogg to split into 3 companies

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The three companies, which are being separated via tax-free spin-offs – include "Global Snacking Co.," "North America Cereal Co." and "Plant Co." The names of the companies will be determined at a later date. Nearly 60% of its net sales come from global snacks, less than a quarter come from cereal in international markets, approximately 10% come from noodles in Africa and less than 10% from frozen breakfast and the Eggo brand. would expand profit margins and is expected to be a higher-growth company than the current company, still under the leadership of CEO Steve Cahillane.

Kellogg's Corn Flakes owned by Kellogg Company is seen for sale at a store in Queens, New York City, U.S., February 7, 2022.

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Kellogg is spinning off its cereal businessKellogg is splitting into three different companies in a major shakeup for the 116-year-old company. No doubt not to help their workers or consumers. My house is 113 years old..... Built 1909...still original. Well done Kelloggs... Best cereal Snap, Crackle and Pop
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Kellogg to Split Into Three Independent CompaniesKellogg, the maker of Frosted Flakes, Froot Loops and Eggo, announced Tuesday that it plans to split into three independent companies
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