Introducing Ingevity – WestRock’s Specialty Chemicals Spinoff
Starboard Fund, the ‘Tom Brady of activists‘, successfully campaigned for a spinoff of MeadWestvaco’s specialty chemical group earlier this year. The spin got delayed a bit as the company merged with RockTenn in order to create a consumer and corrugated packaging giant named WestRock (WRK). Now that the merger has closed, the spinoff is heating up again and… Read More »