WestRock Board of Directors Approves Tax-Free Separation of Ingevity

WestRock Company (NYSE:WRK)today announced that its Board of Directors has approved the completion of theseparation of its specialty chemicals business from the remaining businessesof WestRock to form Ingevity Corporation (Ingevity). The planned separation,which is expected to be tax-free to WestRock stockholders, except with respectto fractional shares, is expected to be completed on May 15, 2016. Read more…

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