je.st
news
MWV to Separate Specialty Chemicals Business
2015-01-14 05:37:36| Paper - Topix.net
MeadWestvaco Corporation has announced that its board of directors has approved a plan to fully separate its Specialty Chemicals business from the rest of the company. The separation is expected to be executed by means of a tax-free spinoff of the Specialty Chemicals business to MWV shareholders, resulting in two independent, publicly traded companies.
Tags: business
separate
specialty
chemicals
Category:Materials