Business
Corteva Announces Plan to Separate into Two Industry-Leading Public Companies
Global agriculture technology leader Corteva (NYSE: CTVA) announced today that its Board of Directors has unanimously approved a plan to separate the company into two independent, publicly traded companies, one comprising its current Crop Protection business ("New Corteva") and the other comprising its current Seed business ("SpinCo").
About this update from Corteva, Inc.
[{"type":"text","content":"Separation to give shareholders two compelling investment opportunities","length":101,"tagName":"p","attribs":{}},{"type":"list","items":[{"val":[{"type":"text","content":"New Corteva to be a market leader differentiated by its innovative solutions, including biologicals, and focus on operational excellence","length":136,"tagName":"p"}]},{"val":[{"type":"text","content":"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","length":162,"tagName":"p"}]},{"val":[{"type":"text","content":"Tax-free transaction expected to be completed in the second half of 2026","length":72,"tagName":"p"}]},{"val":[{"type":"text","content":"Full-year 2025 guidance reaffirmed; 2027 value framework intact","length":63,"tagName":"p"}]},{"val":[{"type":"text","content":"Corteva to host investor call on October 1 at 8:30 AM EDT","length":57,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":490,"olType":false},{"type":"text","content":"INDIANAPOLIS, Oct. 1, 2025 /PRNewswire/ -- Global agriculture technology leader Corteva (NYSE: CTVA) announced today that its Board of Directors has unanimously approved a plan to separate the company into two independent, publicly traded companies, one comprising its current Crop Protection business ("New Corteva") and the other comprising its current Seed business ("SpinCo").","length":405,"tagName":"p"},{"type":"image","alt":"(PRNewsfoto/Corteva Agriscience)","displaySize":"","headline":null,"caption":"(PRNewsfoto/Corteva Agriscience)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":86,"url":"https://media.zenfs.com/en/prnewswire.com/17082157f3751ae918c1fe80c769eee8"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/GSUuTZhz3jvwPrTbRAM1DQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTE1MjtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/17082157f3751ae918c1fe80c769eee8","width":400,"height":86}},"href":"https://mma.prnewswire.com/media/880919/Corteva_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"The separation will unleash two distinct market leaders, both farmer-centric, both with technology and innovation at their core and both with operating models and capital allocation priorities t...