As investors digest Kellogg’s (K) decision to split the food conglomerate into three separate companies, the next question on analysts’ minds is, “Who’s next?”
The big food breakup “is already underway,” Bank of America analyst Bryan Spillane told Yahoo Finance, citing the divestures and acquisitions of consumer giants ranging from Kraft-Heinz (KHC) to General Mills (GIS).
Just last week, Mondelēz (MDLZ) announced an agreement to acquire energy bar maker Clif Bar & Company in a deal worth…
Source link
