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MWV To Separate Specialty Chemicals Business

2015-01-17 01:44:57| Paper - Topix.net

MeadWestvaco Corporation , a global leader in packaging and packaging solutions , announced today 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

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