Corn Products International to Acquire National Starch in $1.3 Billion Deal

SUGAR LAND--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.