Kellogg plans to split itself into three publicly traded businesses, as the food giant offers investors the option to back cereal, snacking and plant-based foods companies.
The three separate businesses would consist of one that encompasses Kellogg’s snacking business, including its international cereal and noodles as well as North America frozen breakfast. Another standalone business will house Kellogg’s North American cereal business and a third company with Kellogg’s plant-based foods business.
