Every Spin-Off
Ingevity
NGVTCompletedSpin of Ingevity (NGVT) chemical unit
- Distribution date
- 15 May 2016
- Structure
- Spin-off
- Parent
- WestRock (WRK)
- Spin-off ticker
- NGVT
- 2-year mark
- 15 May 2018
- Market
- United States
Section 355 clock. Two years from the distribution, an acquirer can generally step in without putting the tax-free status at risk.Window passed
15 May 2016100%15 May 2018
Source documents
- Press releaseCompletion release (05/16/16)
- PresentationAnalyst meeting presentation (04/16)
- Information statementInformation statement
Every Spin-Off research
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