Air Products and Chemicals, Inc. (NYSE:APD) Files An 8-K Completion of Acquisition or Disposition of Assets
Item 2.01 Completion of Acquisition or Disposition of Assets
Chemicals, Inc. (Air Products) and Evonik Industries AG (Evonik)
entered into a Purchase Agreement providing for the sale to
Evonik of certain subsidiaries and assets comprising the
Performance Materials division of Air Products Materials
Technologies segment (the PMD Business). On January 3, 2017, Air
Products completed the sale of the PMD Business to Evonik for
approximately $3.8 billion in cash subject to customary
post-closing adjustments including working capital.
statements giving effect to the completion of the sale are filed
as Exhibit 99.1 hereto.
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(b)
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Pro Forma Financial Information.
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Products specified in Article 11 of Regulation S-X are filed as
Exhibit 99.1 hereto and incorporated herein by reference.
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(d)
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Exhibits
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99.1
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Air Products and Chemicals, Inc. Unaudited Pro Forma
Condensed Consolidated Financial Statements |
About Air Products and Chemicals, Inc. (NYSE:APD)
Air Products and Chemicals, Inc. is an industrial gases company. The Company’s Industrial Gases business provides atmospheric and process gases and related equipment to manufacturing markets, including refining and petrochemical, metals, electronics, and food and beverage. The Company operates through seven segments: Industrial Gases-Americas, Industrial Gases-Europe, Middle East, and Africa (EMEA), Industrial Gases-Asia, Industrial Gases-Global, Materials Technologies, Energy-from-Waste, and Corporate and other. The Company is also a supplier of liquefied natural gas process technology and equipment. The Company’s Materials Technologies business serves the semiconductor, polyurethanes, cleaning and coatings, and adhesives industries. The Company manufactures and distributes products in two lines of business: Industrial Gases and Materials Technologies. Air Products and Chemicals, Inc. (NYSE:APD) Recent Trading Information
Air Products and Chemicals, Inc. (NYSE:APD) closed its last trading session up +1.14 at 144.36 with 1,745,864 shares trading hands.