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|FTC Grants Early Termination of Hart-Scott-Rodino Waiting Period Regarding Corn Products International's Acquisition of National Starch|
WESTCHESTER, Ill., Aug 18, 2010 (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.
SOURCE: Corn Products International, Inc.
Corn Products International, Inc.