Oct 1 (Reuters) -

Agrichemicals firm Corteva ( CTVA ) said on Wednesday it

plans to spin off its seed business into a separate publicly

traded company, joining a wave of U.S. conglomerates looking to

split their businesses to unlock value and pursue focused

growth.

The split adds to a series of big-ticket spin-offs announced

over the last year, including those by Kraft Heinz ( KHC ),

Warner Bros Discovery ( WBD ) and DuPont ( DD ).

Corteva ( CTVA ) itself was formed after chemical conglomerate

DowDuPont split into three entities in 2019.

The company said it expects the spin off to be completed in

the second half of 2026.