Kirkland Represents Kellogg on Spin-off of North American Cereal and Plant-Based Foods Businesses

Kirkland & Ellis advised Kellogg Company (NYSE: K) on the separation of its North American cereal and plant-based foods businesses, via tax-free spin-offs, resulting in three independent public companies, each better positioned to unlock their full standalone potential. The spin-offs are currently targeted to be completed by the end of 2023 and are subject to customary conditions.

Read the Kellogg press release

The Kirkland team was led by corporate partners Eric Schiele, Allie Wein and Keith Crow, capital markets partners Robert Hayward and Robert Goedert, tax partners Dean Shulman and Adam Kool, executive compensation partner Scott Price, technology & IP transactions partner Seth Traxler, and antitrust partner Andrea Murino.