Kellogg company files form 10 registration statement in connection with planned business separation
Kellogg company remains on track to complete the previously announced separation during the fourth quarter of 2023 at that time kellogg company will separate into kellanova and wk kellogg co, with existing kellogg shareowners receiving shares in the new wk kellogg co the form 10 filing provides information about wk kellogg co's portfolio, business dynamics, strategy, and historical carve-out financial statements as previously announced, kellanova and wk kellogg co will jointly host an investor event on august 9, at which time both companies will present their strategies, capital structures, capital allocation priorities, and financial outlooks battle creek, mich. , july 24, 2023 /prnewswire/ -- kellogg company (nyse: k) today announced the filing of a form 10 registration statement with the u.s. securities and exchange commission (sec) relating to the company's previously announced plan to separate into two businesses: kellanova, with about $12.6 billion in 2022 net sales1, will be a leading company in global snacking, international cereal and noodles, and north america frozen foods, with iconic, world-class brands and strong growth momentum and profitability; wk kellogg co, with about $2.7 billion in 2022 net sales, will be a leading cereal company in the u.s., canada, and caribbean, with a portfolio of iconic, world-class brands, leading market positions, and compelling opportunities for investment and profit growth.
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