Corporate Restructuring

HELSINKI – October 30, 2026 -- Stora Enso's Board of Directors has approved a demerger plan to spin off its Swedish forest assets business into Bergslagets Skogar AB, with completion planned for 31 March 2027. The five largest shareholders by votes, holding about 28.6% of shares and 69.9% of votes, have irrevocably committed to vote in favour, subject to customary conditions.

Shareholder vote set for 15 December 2026

An Extraordinary General Meeting is expected on 15 December 2026 to decide on the cross-border partial demerger. Stora Enso expects to publish an information brochure for shareholders by 24 November 2026 at the latest. A listing prospectus will follow shortly after completion and before public trading begins.

Bergslagets Skogar intends to apply for admission to the regulated markets of Nasdaq Stockholm and Nasdaq Helsinki. It would be a Swedish public limited liability company.

Greenville, S.C. – October 29, 2026 -- Fort Hill LogiX, a patent-pending construction payment application review platform, now operates as a separate company from Fort Hill Associates. It is open to capital-project owners and the advisory firms that serve them, including competitors of its parent.

LogiX isolates customer data from Fort Hill Associates

The separation addresses a data-custody question that other firms raised when they saw the platform: whether submitting pay apps meant handing documents to a competitor. LogiX runs with separate staff access controls and tenant-level data isolation. Fort Hill Associates has no visibility into or access to other customers' data, and LogiX does not use owner data to train AI models.

Las Vegas – October 17, 2026 -- Hyperscale Data, Inc. (NYSE American: GPUS) is targeting a separate public listing of its AI subsidiary askROI, Inc. by the second or third quarter of 2027, via a reverse takeover (RTO), an initial public offering (IPO) or a special purpose acquisition company (SPAC) merger.

The timing depends on which route the company ultimately selects. In an RTO, askROI would be sold to a public company that has not yet been identified, in the first half of 2027. Hyperscale Data would receive shares of that company as consideration and would then need to file a resale registration statement for them. The plan is subject to financial and regulatory requirements and to prevailing market conditions.

Eagan, Minn. – October 12, 2026 -- Solventum (NYSE: SOLV) said it intends to separate its Health Information Systems business, a healthcare software unit with $1.4 billion in annual sales, and is targeting completion within 12 to 18 months.

The move is the latest step in the company's three-phase transformation strategy. Solventum's Board of Directors and management expect the separation to leave a dedicated MedTech company focused on its MedSurg and Dental Solutions businesses.

Solventum weighs independent, combined or other deal structures

The company is evaluating several separation alternatives: an independent company, a combination with a scaled player in the space, or another transaction. It said it will pursue the structure it believes maximizes shareholder value.

Las Vegas – September 22, 2026 -- Hyperscale Data, Inc. (NYSE American: GPUS) is moving to spin off its Bitcoin mining operations into a new subsidiary, Patriot BTC, separating the business from the company's Michigan AI data center strategy.

Patriot BTC would initially hold Montana data center and mining fleet

Under the proposed structure, Hyperscale Data intends to transfer all operating assets tied to its cryptocurrency mining business to Patriot BTC. These include the company's Montana data center and related infrastructure, along with its Bitcoin miners, mining equipment and associated mining infrastructure.

Indianapolis – September 17, 2026 -- Corteva's Board of Directors has approved the separation of the company's seed operating segment into a new independent, publicly traded entity, Vylor Inc., with the stock distribution scheduled for October 1, 2026.

Board declares pro rata stock dividend of Vylor shares

Corteva stockholders of record as of the close of business on September 24, 2026, will receive one share of Vylor common stock for every Corteva share held. Any fractional shares will be settled in cash, and the distribution is intended to be tax-free to Corteva stockholders for U.S. federal income tax purposes, excluding cash received for fractional shares.