SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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)
(State or other jurisdiction
|120 Park Avenue, New York, New York||10017-5592|
|(Address of principal executive offices)||(Zip Code)|
Registrants 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.|
|99.1||Philip Morris International Inc. Press Release dated January 5, 2011|
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|
|Title:||Deputy General Counsel and Corporate Secretary|
DATE: January 6, 2011
INDEX TO EXHIBITS
|99.1||Philip Morris International Inc. Press Release dated January 5, 2011.|