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): November 12, 1999
SOLUTIA INC.
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(Exact name of registrant as specified in its charter)
DELAWARE
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(State of Incorporation)
001-13255 43-1781797
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(Commission (IRS Employer
File Number) Identification No.)
575 Maryville Centre Drive, P.O. Box 66760, St. Louis, Missouri 63166-6760
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(Address of principal executive offices) (Zip Code)
(314) 674-1000
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Registrant's telephone number, including area code
Item 5. Other Events
On November 11, 1999, Solutia announced that it has agreed to
acquire Morgan Grenfell Private Equity Ltd.'s ownership of Vianova
Resins of Mainz-Kastel, near Frankfurt, Germany. Vianova Resins,
formerly owned by Hoechst AG, is a leading European producer of resins
and additives for coatings and technical applications. The purchase
price is about DM 1.2 billion (about $640 million), and initially the
transaction will be financed with short-term debt. The acquisition is
expected to be completed later this year and is subject to EU Merger
Control Clearance as well as reaching agreement with certain minority
shareholders on the purchase of their shares. A copy of the press
release dated November 11, 1999, announcing the agreement is attached.
Item 7. Financial Statements, Pro Forma Financial Information and
Exhibits
(c) The following exhibit is filed as part of this report:
Exhibit Number Description
99.1 Press Release dated November 11, 1999, issued
by Solutia Inc.
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.
SOLUTIA INC.
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(Registrant)
/s/ Karl R. Barnickol
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(Secretary)
Date: November 12, 1999
EXHIBIT INDEX
These Exhibits are numbered in accordance with the Exhibit Table
of Item 601 of Regulation S-K.
Exhibit
Number Description
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99.1 Press release dated November 11, 1999, issued by Solutia Inc.