Emilie Feldman, Wharton professor of management, explores how recent M&A activity — such as Ferrero’s acquisition of WK Kellogg — reflects a recurring trend where companies separate high-and low-growth assets only to later reintegrate them, drawing parallels to past moves by Kraft, Heinz, and other consumer goods giants.
This Week in Business
Ferrero, Kellogg, and the Return of the Breakup-Merger Cycle
Wharton management professor analyzes how recent acquisitions mirror a broader pattern of strategic separations and recombinations in the consumer goods industry.
August 1, 2025
• 11 min listen
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