UNITED STATES
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): May 31, 2006
ASHLAND INC.
(Exact Name of Registrant as Specified in its Charter)
Kentucky
(State or Other Jurisdiction of Incorporation)
1-32532 20-0865835
(Commission File Number) (I.R.S. Employer
Identification No.)
50 E. RiverCenter Boulevard, Covington, Kentucky 41011
(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: (859) 815-3333
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of
the following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
Item 8.01. Other Events
On May 31, 2006, Ashland Inc. announced that it has completed its
purchase of the water treatment business of Degussa AG, branded under the
Stockhausen name, in North America, South America, western Europe and most
of the rest of the world. In the areas where the purchase has not been
completed, the parties have undertaken necessary steps to ensure that
statutory requirements are met for the expected regulatory approvals. The
entire transaction is valued at approximately 122 million euros.
The transaction is further described in the attached press release,
which is attached hereto as Exhibit 99.1, and incorporated herein by this
reference.
Item 9.01. Financial Statements and Exhibits
(d) Exhibits
99.1 Press release dated May 31, 2006
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: May 31, 2006 /s/ J. Marvin Quin
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Name: J. Marvin Quin
Title: Senior Vice President
and Chief Financial Officer
EXHIBIT INDEX
99.1 Press release dated May 31, 2006