Mergers & Acquisitions ·
Corteva completes separation of seed business into independent public company Vylor Inc
VYLRVylor Inc.
Corteva, Inc. completed the separation of its seed operating segment into an independent, publicly traded entity named Vylor Inc. at 12:03 a.m. New York City time on October 1, 2026. The transaction was effected through a pro rata distribution of all outstanding shares of Vylor common stock to holders of Corteva common stock as of the close of business on September 24, 2026. Following the distribution, Vylor's common stock commenced regular-way trading on the New York Stock Exchange under the symbol "VYLR". The parties entered into several agreements in connection with the separation, including a Separation and Distribution Agreement, Tax Matters Agreement, Employee Matters Agreement, Transition Services Agreement, Intellectual Property Matters Agreement, and Global Master Seed Treatment Supply Agreement. Vylor Inc. operates in the agricultural sector, specifically focusing on seed technologies and treatments.