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Corteva is about to officially spin off its seed genetics business
Corteva, Inc. (NYSE: CTVA) announced today that Vylor Inc., a Delaware corporation and its wholly owned subsidiary ("Vylor"), has extended the expiration date of each of its previously announced (i) private offers to exchange (with respect to each series, an "Exchange Offer" and together, the "Exchange Offers") any and all of the outstanding senior notes of the series listed in the table below issued by EIDP, Inc., a Delaware corporation and a wholly owned subsidiary of Corteva ("EIDP" and such
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Higher earnings and tight nitrogen supplies helped lift shares, though the fertilizer maker remained well below its March peak.

Corteva shareholders will receive Vylor shares as the agriculture company separates its larger, faster-growing seed operation from crop protection.