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Corteva, its subsidiary EIDP and spinoff Vylor will miss the deadline for their quarterly financial reports, according to a public filing. The companies cited additional reporting work tied to the separation of Corteva’s seed operating segment, completed Oct. 1.
Corteva and EIDP said they need more time to complete processes required for reporting after the spinoff. Vylor, the seed company separated from Corteva, also said it could not file on time because of the separation.
The companies plan to submit their reports no later than the fifth calendar day after the filing deadline.
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