Corteva has set the final terms and dates for the Vylor spinoff. Shareholders of Corteva (NYSE: CTVA) as of September 24 will receive one share of Vylor for every Corteva share they own. The distribution is scheduled for October 1, and Vylor will trade on the New York Stock Exchange under VYLR. Seven years after Corteva was spun… Read More »
Genuine Parts Company ($GPC) filled in another important piece of its coming breakup on Wednesday, naming the executives who will run the Automotive and Industrial businesses after their planned separation in the first quarter of 2027. Current GPC CEO Will Stengel will go with the Industrial business, which will retain the Motion name, while former Grainger executive Court… Read More »
The headline transaction is easy enough to understand. Tamarack Valley Energy (TSX: TVE) and Headwater Exploration (TSX: HWX) are combining in an all-stock merger valued at roughly C$10 billion, creating by far the largest publicly traded producer focused entirely on Alberta’s Clearwater. The rest of the deal takes considerably more work. Headwater shareholders will receive one Tamarack share… Read More »