(123rf.com Image) North Charleston, South Carolina-based Ingevity Corporation (NYSE: NGVT) announced Dec. 8, 2025, it has completed the company’s previously disclosed portfolio review process and is in the early stages of exploring strategic alternatives for its Advanced Polymer Technologies (APT) segment and Performance Chemicals Road Markings business, including a potential sale of one or both. “Ingevity’s leadership team and Board remain focused on unlocking long-term value for shareholders,” said Dave Li, president and CEO of Ingevity. “Having conducted a thorough review of the Ingevity portfolio, we have determined that our APT segment and Road Markings business are not fully aligned with Ingevity’s core competencies nor its future strategic direction, which focuses on consistency, best-in-class margins and superior cash flow generation.” Li added, “As a result, we are exploring strategic alternatives for both businesses that will maximize value for our shareholders and position both APT and Road Markings for long-term success.” Ingevity emphasized that it will continue to serve and support customers of both APT and Road Markings throughout the respective review processes. Officials said the company cannot ensure its strategic review will result in one or more transactions and doesn’t intend to disclose further developments unless and until it is determined that further disclosure is appropriate.  brbr Exchange Ratio Adjusted for Commerce Bancshares, Inc.’s Pending Acquisition of FineMark Holdings, Inc.brCommerce Bancshares, Inc. and FineMark Holdings, Inc. announce the exchange ratio for the pending acquisition of FineMark Holdings, Inc. has been adjusted. Read More » |
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