Item 7.01. Regulation FD Disclosure.
On
A copy of the news release announcing the transaction is furnished herewith as Exhibit 99.1 and is incorporated herein by reference.
Forward-Looking Statements
This report contains forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. Ashland has identified some of
these forward-looking statements with words such as "anticipates," "believes,"
"expects," "estimates," "is likely," "predicts," "projects," "forecasts,"
"objectives," "may," "will," "should," "plans" and "intends" and the negative of
these words or other comparable terminology. These forward-looking statements
include, but are not limited to, statements relating to our expectation that the
proposed acquisition of Schülke & Mayr's personal care business will be
completed before the end of the June quarter and that the proposed acquisition
will become immediately accretive to earnings per share. In addition, Ashland
may from time to time make forward-looking statements in its annual reports,
quarterly reports and other filings with the
Ashland's expectations and assumptions include, without limitation, internal
forecasts and analyses of current and future market conditions and trends,
management plans and strategies, operating efficiencies and economic conditions
(such as prices, supply and demand, cost of raw materials, and the ability to
recover raw-material cost increases through price increases), and risks and
uncertainties associated with the following: Ashland's substantial indebtedness
(including the possibility that such indebtedness and related restrictive
covenants may adversely affect Ashland's future cash flows, results of
operations, financial condition and its ability to repay debt); the impact of
acquisitions and/or divestitures Ashland has made or may make, including the
proposed acquisition of Schülke & Mayr's personal care business (including the
possibility that Ashland may not complete the proposed acquisition or Ashland
may not realize the anticipated benefits from such transactions); and severe
weather, natural disasters, public health crises (including the current COVID-19
pandemic) and legal proceedings and claims (including environmental and asbestos
matters). Various risks and uncertainties may cause actual results to differ
materially from those stated, projected or implied by any forward-looking
statements, including, without limitation, risks and uncertainties affecting
Ashland that are described in Ashland's most recent Form 10-K (including Item 1A
Risk Factors) filed with the
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website at http://www.sec.gov. Ashland believes its expectations and assumptions are reasonable, but there can be no assurance that the expectations reflected herein will be achieved. Unless legally required, Ashland undertakes no obligation to update any forward-looking statements made in this report whether as a result of new information, future events or otherwise. Information on the respective websites of Ashland, EQT and Schülke & Mayr is not incorporated into or a part of this report.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits. Exhibit (99.1) News Release ofAshland Global Holdings Inc. , datedJanuary 19, 2021 (furnished herewith in relation to Item 7.01) Exhibit (104) Cover Page Interactive Data File (embedded with the Inline XBRL document)
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