SOURCE: Industrial Info Resources

Industrial Info Resources

June 22, 2010 05:15 ET

Corn Products International to Acquire National Starch in $1.3 Billion Deal, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - June 22, 2010) -  Researched by Industrial Info Resources (Sugar Land, Texas) -- On Monday, June 21, Corn Products International (NYSE:CPO) (Westchester, Illinois) announced that the company will acquire National Starch (Bridgewater, New Jersey) in a $1.3 billion deal. National Starch, a subsidiary of Dutch paint, coatings and chemicals company Akzo Nobel NV (OTC:AKZOY) (Amsterdam, Netherlands), is one of the world's leading suppliers of starches, particularly to the food industry, as well as papermaking and other industrial processes. 

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