FTC Grants Early Termination of Hart-Scott-Rodino Waiting Period Regarding Corn Products International’s Acquisition of Nat...
August 18 2010 - 12:57PM
Business Wire
Corn Products International, Inc. (NYSE: CPO) today announced
that the Federal Trade Commission has granted early termination of
the Hart-Scott-Rodino waiting period with respect to the Company’s
planned acquisition of National Starch, a wholly owned subsidiary
of Akzo Nobel.
Corn Products anticipates the transaction will close in late
September or early October, subject to clearance in a number of
other jurisdictions.
ABOUT THE
COMPANY:
Corn Products International is one of the world's largest corn
refiners and a major supplier of high-quality food ingredients and
industrial products derived from the wet milling and processing of
corn and other starch-based materials. The Company, headquartered
in Westchester, Ill., is a leading worldwide producer of dextrose
and a major regional producer of starches, sweeteners and other
ingredients. In 2009, Corn Products International reported net
sales of $3.67 billion, with operations in 13 countries at 28
plants, including wholly owned businesses, affiliates and
alliances. For more information, visit www.cornproducts.com.
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