Spinoffs – Indianapolis Business Journal

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Corteva still mulling post-split headquarters decisions

May 6, 2026

Indianapolis-based agricultural giant Corteva, which plans to separate into two independent companies, said it hasn’t yet decided where the companies will be based.

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Corteva names CEO for ‘New Corteva’ crop protection spinoff

April 14, 2026

Daniel Bradley

Luke Kissam will lead New Corteva after Corteva officially separates its pesticide and seed businesses into two independent, publicly traded companies.

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UPDATE: Indianapolis-based ag giant Corteva to split into 2 separate companies

October 1, 2025 | IBJ Staff

Corteva, one of Indiana’s largest publicly traded companies, plans to split its seed and pesticide businesses into two independent, publicly traded companies by the end of 2026.

IAC approves plan to spin off company once known as Angie’s List

January 13, 2025 |

Susan Orr

New York City-based media conglomerate IAC, which acquired Indianapolis-based Angie’s List in 2017, announced Monday that it plans to spin off its ownership stake in the company, which now operates as Angi Inc.

Cummins to spin off filtration business into separate public company

April 21, 2022 |

Susan Orr

Columbus-based Cummins has confidentially filed paperwork with the Securities and Exchange Commission for an initial public offering for its filtration business. Cummins announced last summer that it was looking at “strategic alternatives” for the business.

IBM to spin off $19B business to focus on cloud computing

October 8, 2020 | Associated Press and Bloomberg News

IBM CEO Arvind Krishna said the split will help IBM focus on its cloud platform and artificial intelligence, while the new public company will provide services to manage the infrastructure of businesses and other organizations.

Spot Freight spins off new software company, adds 40 workers

September 30, 2020 |

Susan Orr

The spinoff company, Red Technologies, is built around proprietary software that Spot launched in 2015 to help connect shippers, trucking companies and drivers for the purpose of freight brokering.

Farm Bureau Insurance pursuing culture of innovation by launching startups

September 11, 2020 |

Anthony Schoettle

The goal is to inspire creativity and entrepreneurship among employees who have ideas for products and services that can complement the larger company.

Cook Regentec spins off first biotech from Indy-based incubator

September 24, 2019 |

John Russell

The spinoff, called Sexton Biotechnologies, has raised $5 million in outside investment and will spin off in October. The biotech develops cell and gene therapy tools used to grow cells for medical purposes.

NOV. 6-12, 2026

Digital Edition

Soaring demand erases glut of pandemic-era warehouse space

Cameron Shaw

UPDATED: Zionsville-based AES becomes world’s largest Arby’s franchisee

Susan Orr

Q&A: CEO abandons retirement to lead Corteva into new era

Daniel Bradley

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