Industry News, Mergers and Acquisitions, Printers News, Suppliers News

WestRock Board of Directors Approves Tax-Free Separation of Ingevity

The planned separation is expected to be completed on May 15, 2016.

Author Image

By: DAVID SAVASTANO

Editor, Ink World Magazine

WestRock Company announced that its Board of Directors has approved the completion of the separation of its specialty chemicals business from the remaining businesses of WestRock to form Ingevity Corporation. The planned separation, which is expected to be tax-free to WestRock stockholders, except with respect to fractional shares, is expected to be completed on May 15, 2016.   “Today’s announcement is a major milestone in the completion of our spin-off of WestRock’s specialty chemicals busine...

Continue reading this story and get 24/7 access to Ink World magazine for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Ink World magazine Newsletters

Topics