US EditionCorteva Agriscience splitting into 2 separate companies
8 Articles
8 Articles
Corteva announces plan to separate into two public companies
Corteva announces plan to separate into two public companies INDIANAPOLIS (WISH) — Indianapolis-based agtech leader Corteva Agriscience has announced it is splitting into two independent publicly traded companies. The company’s board unanimously approved the decision to create one company focused on crop protection and another on seeds. This strategic move aims to establish two farmer-centric market leaders with sharper strategic focus and tailo…
Corteva Agriscience splitting into 2 separate companies
INDIANAPOLIS — Corteva Agriscience, a farm technology company based in Indianapolis, is splitting into two separate entities. Corteva's planned split is expected to be finalized in the second half of 2026. The two new companies created from the split will be known as SpinCo and New Corteva. Corteva has indicated that it hopes the split will qualify as a federal tax-free transaction for its shareholders. The company indicated that the move is con…
Corteva releases plan to split into separate businesses for crop protection and seed - Fruit & Vegetable Magazine
Announced on October 1, Corteva will be separated into two independent, public-traded companies: one for crop protection business and one for seed business. Once it comes into effect, the crop protection business will hereby be “New Corteva” and the seed business will be named “SpinCo.” The transaction is anticipated to be completed in the later half of 2026. Corteva released a statement specifying this plan was unanimously approved by the boar…
Corteva Agriscience’s board of directors has unanimously approved the separation of the company into two publicly traded entities, each with its own growth and investment strategy: Leadership structure: Strategic reasons behind the decision Chuck Magro, Corteva CEO, said: “The opportunities for seeds and chemical solutions are significantly diverging. Now is the time to act to […]
Corteva Announces Plan to Separate into Two Industry-Leading Public Companies - AgriNovus Indiana
New Corteva to be a market leader differentiated by its innovative solutions, including biologicals, and focus on operational excellence SpinCo to be a leader in advanced genetics and build upon a century-long track record of customer loyalty, elite breeding, market leadership and financial strength Tax-free transaction expected to be completed in the second half of 2026 Full-year 2025 guidance reaffirmed; 2027 value framework intact Corteva to h…
The American firm Corteva announced this Wednesday that it will separate its businesses from seeds and pesticides in separate companies that will be listed on the stock market, with the aim of increasing returns for its shareholders and “accelerating” its approach. As the company said, this will allow for specific capital allocations, to meet market changes more quickly and to seek opportunities for growth independently. “Seed markets and crop p…
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