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Deal Date: 22-09-2015 Practice Area: Corporate and M&A
Deal Title: Ashland Inc Proposed Separation of Valvoline Business Industry: Chemicals
Description:
On September 22, 2015, Ashland Inc. announced that its board of directors had approved proceeding with a plan to separate Ashland into two independent, publicly traded companies, Ashland and Valvoline. Cravath represented Ashland in connection with this transaction. Immediately following the separation, Ashland shareholders would own shares of both the new Ashland and Valvoline.
Financial Center: New York Value: 0.00-0.00
Advised Party: Group Law Firm
Group United States Group United States
Classification: Group Restructurings
Lawyer Susan Webster