Form 8-K

 

 

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): January 5, 2011

 

 

Philip Morris International Inc.

(Exact name of registrant as specified in its charter)

 

Virginia   1-33708   13-3435103

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(I.R.S. Employer

Identification No.)

 

120 Park Avenue, New York, New York   10017-5592
(Address of principal executive offices)   (Zip Code)

Registrant’s telephone number, including area code: (917) 663-2000

 

(Former name or former address, if changed since last report.)

 

 

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.

As previously disclosed, on July 10, 2009, Philip Morris International Inc. (the “Company”) entered into an agreement to purchase 100% of the shares of privately owned Colombian cigarette manufacturer, Productora Tabacalera de Colombia, Protabaco, Ltda., for $452 million. The transaction was subject to Colombian competition authority approval and final confirmatory due diligence.

While approval to proceed with the acquisition was granted by the Colombian competition authority in October 2010, the approval was subject to several significant conditions and constraints that ultimately proved to be too burdensome.

On January 5, 2011, the Company issued a press release announcing that it would no longer pursue its intention to acquire Productora Tabacalera de Colombia, Protabaco Ltda.

A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference in its entirety.

 

Item 9.01. Financial Statements and Exhibits.

 

(d) Exhibits

 

99.1    Philip Morris International Inc. Press Release dated January 5, 2011


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 hereunto duly authorized.

 

PHILIP MORRIS INTERNATIONAL INC.
By:   /s/ JERRY WHITSON
Name:   Jerry Whitson
Title:   Deputy General Counsel and Corporate Secretary

DATE: January 6, 2011


INDEX TO EXHIBITS

 

Exhibit

No.

  

Description

99.1    Philip Morris International Inc. Press Release dated January 5, 2011.