Who owns Ashland?

Who owns Ashland?

INEOS Enterprises has today announced the completion of the acquisition of the entire composites business from Ashland Global Holdings Inc. (NYSE: ASH). The acquisition also includes a BDO facility in Germany. The businesses included in the transaction have combined sales of more than $1.1 billion per year.

Does Ashland still own Valvoline?

COVINGTON, KY , May 12, 2017 – Ashland Global Holdings Inc. (“Ashland”) ( NYSE : ASH) announced today that it has completed the previously announced distribution of 170,000,000 shares of common stock of Valvoline Inc.

When did Ashland spin off Valvoline?

On September 23, 2016, shares of Valvoline Inc. (NYSE: VVV); $23.10; Market Capitalization: $4.6 billion), the lubricant arm of Ashland Inc. (NYSE: ASH; $118.22; Market Capitalization: $7.3 billion), began trading on NYSE under the symbol “VVV”.

Who is Valvoline owned by?

Ashland Inc.
In 1949, Ashland Inc. purchased the Freedom-Valvoline Company. By 2016, Ashland’s Valvoline subsidiary accounted for about 37% of the parent company’s annual revenue.

Where is Valvoline corporate office?

Lexington, Kentucky, United States
Valvoline/Headquarters

Is Valvoline publicly traded?

Valvoline completed an initial public offering on the New York Stock Exchange on September 22, 2016, ahead of Ashland spinning off Valvoline as an independent company on May 5, 2017.