- Current report filing (8-K)
October 06 2010 - 6:02AM
Edgar (US Regulatory)
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of
The
Securities Exchange Act of 1934
Date of report (Date of earliest event reported):
October 1, 2010
CORN
PRODUCTS INTERNATIONAL, INC.
(Exact Name of Registrant as Specified in Its Charter)
Delaware
|
|
1-13397
|
|
22-3514823
|
(State or Other Jurisdiction
|
|
(Commission
|
|
(IRS Employer
|
of Incorporation)
|
|
File Number)
|
|
Identification No.)
|
5 Westbrook Corporate Center, Westchester, Illinois
|
|
60154-5749
|
(Address of Principal Executive Offices)
|
|
(Zip Code)
|
(708) 551-2600
(Registrants Telephone Number, Including Area Code)
Not
Applicable
(Former Name or Former Address, if Changed Since Last Report)
Check
the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:
o
Written communications pursuant to Rule 425
under the Securities Act (17 CFR 230.425)
o
Soliciting material pursuant to Rule 14a-12
under the Exchange Act (17 CFR 240.14a-12)
o
Pre-commencement communications pursuant to
Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o
Pre-commencement communications pursuant to
Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 2.01. Completion of Acquisition or Disposition of Assets.
On
October 1, 2010, Corn Products International, Inc. (the Company)
completed its acquisition (the Acquisition) from Akzo Nobel N.V. (AkzoNobel)
of certain business entities and assets comprising AkzoNobels specialty
starches business, commonly known as National Starch (National Starch) for
$1.3 billion in cash, subject to certain post-closing adjustments.
A
portion of the funds used to pay the purchase price under the Sale Agreement
was borrowings under the Companys Revolving Credit Agreement, dated September 2,
2010, by and among the Company, certain lenders and JPMorgan Chase Bank,
National Association, as Administrative Agent (the Revolving Credit Agreement).
A description of the
Revolving Credit Agreement and the identities of the lenders pursuant thereto
are contained in the Companys Current Report on Form 8-K filed on September 9,
2010.
Item 7.01 Regulation FD Disclosure.
On
October 1, 2010, the Company issued a press release announcing the
completion of the Acquisition. A copy of the press release is furnished
herewith as Exhibit 99.2 and is incorporated herein by reference.
The
information contained in, or incorporated into, this Item 7.01, including
Exhibit 99.2 attached hereto, is being furnished and shall not be deemed
filed for the purposes of Section 18 of the Exchange Act or otherwise
subject to the liabilities of that section, nor shall it be deemed incorporated
by reference into any registration statement or other filing under the
Securities Act of 1933, as amended, or the Exchange Act of 1934, as amended,
except as shall be expressly set forth by specific reference to such filing.
Item 9.01.
Financial Statements and Exhibits.
(a)
Financial Statements of Business Acquired
.
The required financial
statements for National Starch called for by Item 9.01(a) were included in the
Companys Current Report on Form 8-K filed with the Securities and
Exchange Commission on September 14, 2010.
(b)
Pro Forma Financial Information
.
The unaudited pro forma
information reflecting Corn Products Acquisition of National Starch is
incorporated by reference to pages S-19 through S-30 of the Companys
Prospectus Supplement filed September 16, 2010, SEC File No. 1-13397.
(d)
Exhibits
.
Exhibit No.
|
|
Exhibits
|
|
|
|
99.1
|
|
Unaudited pro forma
financial information (incorporated by reference to pages S-19 through
S-30 of the Companys Prospectus Supplement filed September 16, 2010,
SEC File No. 1-13397).
|
|
|
|
99.2
|
|
Press Release issued on
October 1, 2010.
|
2
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the Registrant has
duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
|
CORN PRODUCTS INTERNATIONAL, INC.
|
|
|
|
|
Date:
October 5, 2010
|
By:
|
/s/
Cheryl K. Beebe
|
|
|
Cheryl
K. Beebe
|
|
|
Vice
President and Chief Financial Officer
|
3
EXHIBIT INDEX
Exhibit No.
|
|
Exhibits
|
|
|
|
99.1
|
|
Unaudited pro forma
financial information (incorporated by reference to pages S-19 through
S-30 of the Companys Prospectus Supplement filed September 16, 2010,
SEC File No. 1-13397).
|
|
|
|
99.2
|
|
Press
Release issued on October 1, 2010.
|
4
Corn Products (NYSE:CPO)
Historical Stock Chart
From May 2024 to Jun 2024
Corn Products (NYSE:CPO)
Historical Stock Chart
From Jun 2023 to Jun 2024