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Quotes & Info
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| PPG > SEC Filings for PPG > Form 8-K on 1-Feb-2013 | All Recent SEC Filings |
1-Feb-2013
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
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• 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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