Mergers & Acquisitions ·
Corteva, Inc. announced that its Board of Directors approved the separation of its seed operating segment into an…
CTVACorteva, Inc.
Corteva, Inc. announced that its Board of Directors approved the separation of its seed operating segment into an independent, publicly traded company named Vylor Inc. To effect this spin-off, Corteva declared a pro rata distribution of all issued and outstanding shares of Vylor common stock to Corteva shareholders of record as of September 24, 2026. Each shareholder will receive one share of Vylor for every share of Corteva held, with cash paid in lieu of fractional shares. The distribution is expected to be completed prior to 9:30 a.m. ET on October 1, 2026. Vylor common stock is expected to begin regular trading under the symbol "VYLR" on the NYSE on that date. Corteva operates in the agriculture industry, providing seed, crop protection, and digital solutions.