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SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 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 12, 1999
ASHLAND INC.
(Exact name of registrant as specified in its charter)
Kentucky
(State or other jurisdiction of incorporation)
1-2918 61-0122250
(Commission File Number) (I.R.S. Employer
Identification No.)
50 E. RiverCenter Boulevard, Covington, Kentucky 41012-0391
(Address of principal executive offices) (Zip Code)
P.O. Box 391, Covington, Kentucky 41012-0391
(Mailing Address) (Zip Code)
Registrant's telephone number, including area code (606) 815-3333
Item 5. Other Events
On October 12, 1999, Ashland Inc. announced that it has informed the
Copenhagen Stock Exchange that shareholders representing more than 90% of
the share capital of Superfos a/s have accepted Ashland's September 27,
1999 offer, and that Ashland will implement the tender offer. The accepting
shareholders will receive payment on Tuesday, October 19, 1999.
The foregoing summary of the attached press release is qualified in
its entirety by the complete text of such document, a copy of which is
attached hereto as Exhibit 99.1.
Item 7. Financial Statements and Exhibits
(c) Exhibits
99.1 Press Release dated October 12, 1999.
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 thereunto duly authorized.
ASHLAND INC.
-----------------------------------
(Registrant)
Date: October 12, 1999 /s/ David L. Hausrath
-------------------------------
Name: David L. Hausrath
Title: Vice President and
General Counsel
Exhibit Index
Exhibit No.
99.1 Press Release dated October 12, 1999.
Exhibit 99.1
FOR ADDITIONAL INFORMATION:
Stan Lampe
(606) 815-4061
FOR IMMEDIATE RELEASE
October 12, 1999
Ashland Inc. to complete Superfos
tender offer
Covington, Ky. -- Ashland Inc. (NYSE:ASH) informed the Copenhagen Stock
Exchange today that shareholders representing more than 90% of the share
capital of Superfos have accepted Ashland's Sept. 27 offer, and that
Ashland will implement the tender offer.
"The accepting shareholders will receive payment on Tuesday, Oct.
19, 1999," said James R. Boyd, Ashland Inc. senior vice president.
Ashland Inc. (NYSE:ASH) is a diversified company with wholly
owned operations in distribution, specialty chemicals, motor oil and car
care products, and highway construction. Ashland Distribution Company is
the largest distributor of chemicals, plastics and fiber reinforcements in
North America, a leading distributor of fine ingredients in North America,
and a leading Pan-European distributor of plastics. Ashland Specialty
Chemical Company is a leading, worldwide supplier of specialty chemicals.
Valvoline's major consumer brands include Valvoline(R) motor oils, Eagle
One(R) appearance products, Zerex(R) antifreeze, Pyroil(R) Performance
Products and Valvoline SynPower(R) automotive chemicals. APAC is the
nation's largest highway contractor with operations in 14 southern and
midwestern states. Ashland also has a 38-percent equity interest in
Marathon Ashland Petroleum LLC and a 58-percent equity interest in Arch
Coal, Inc. (NYSE:ACI). Ashland's Internet address is
http://www.ashland.com.
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