NYSE:CTVAChemicals
Corteva Resets With Bayer Deal And Seed Spin Off Plans
Corteva (NYSE:CTVA) has reached a comprehensive settlement with Bayer that resolves all "freedom to operate" litigation between the two companies.
The agreement is expected to support Corteva's corn licensing activities and open a path into the cotton licensing market.
Separately, Corteva is moving ahead with a planned separation of its seed operations into a standalone company.
The spin off may include relocating the new seed company headquarters to Iowa, with implications for regional...