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PPG > SEC Filings for PPG > Form 8-K on 1-Feb-2013All Recent SEC Filings

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Form 8-K for PPG INDUSTRIES INC


1-Feb-2013

Completion of Acquisition or Disposition of Assets


Item 2.01 Completion of Acquisition or Disposition of Assets

On January 28, 2013, PPG Industries, Inc. ("PPG") completed its exchange offer for PPG common stock in connection with the separation of PPG's commodity chemicals business. Also on January 28, 2013, after completion of the exchange offer a subsidiary of Georgia Gulf Corporation ("Georgia Gulf") merged with and into Eagle Spinco, the entity holding PPG's former commodity chemicals business, with Eagle Spinco surviving the merger. The combined company formed by uniting Georgia Gulf with PPG's former commodity chemicals business is now named Axiall Corporation. As previously reported, PPG entered into definitive agreements dated as of July 18, 2012 that contemplated these transactions. Item 9.01. Financial Statements and Exhibits.

(b) Pro Forma Financial Information

•            The unaudited pro forma condensed consolidated balance sheet of PPG
             Industries, Inc. as of September 30, 2012 after giving effect to the
             separation and merger transaction as if it had occurred on September
             30, 2012 and giving effect to the exchange offer as if it was
             consummated as of September 30, 2012;


•            The unaudited pro forma condensed consolidated statements of income
             of PPG Industries, Inc. for the years ended December 31, 2011, 2010
             and 2009 and for the nine months ended September 30, 2012 and 2011
             after giving effect to the separation and merger transaction as if
             it had occurred on January 1, 2009 and giving effect to the exchange
             offer as if it was consummated on January 1, 2009; and

• notes to the unaudited pro forma condensed consolidated financial information

The unaudited pro forma condensed consolidated financial information of PPG Industries, Inc. are filed as Exhibit 99.1 hereto and are incorporated herein by reference.

(d) Exhibits. The following exhibit is being furnished as part of this Report

Exhibit
Number     Description

           Unaudited pro forma condensed consolidated financial statements of PPG
99.1       Industries, Inc.


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