W R GRACE & CO
8-K, 1998-10-19
CHEMICALS & ALLIED PRODUCTS
Previous: SILVER RAMONA MINING CO, 10-12G/A, 1998-10-19
Next: CHOICE HOTELS INTERNATIONAL INC /DE, 424B1, 1998-10-19



<PAGE>


                       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): October 14, 1998


                               W. R. GRACE & CO.
             ------------------------------------------------------
             (Exact name of registrant as specified in its charter)

<TABLE>
<CAPTION>
<S>                                 <C>                          <C>       
       Delaware                              1-13953                        65-0773649
- ------------------------            ------------------------      --------------------------------         
(State of Incorporation)            (Commission File Number)      (IRS Employer Identification No.)
</TABLE>


1750 Clint Moore Road, Boca Raton, Florida                             33487
- -------------------------------------------                          ----------
 (Address of principal executive offices)                            (Zip Code)


       Registrant's telephone number, including area code: (561) 362-2000
                                                           ----------------

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

<PAGE>



                               W. R. GRACE & CO.

                                    FORM 8-K
                                 CURRENT REPORT

FORWARD-LOOKING STATEMENTS

         This Form 8-K being filed by W. R. Grace & Co. ("Grace") contains
"forward-looking statements." These statements are indicated by future tense 
verbs and words such as "anticipates." Forward-looking statements involve 
various risks and uncertainties, including those contained in the section 
entitled "Projections and Other Forward-Looking Information" in Grace's Annual 
Report on Form 10-K for the fiscal year ended December 31, 1997 and throughout 
Grace's Information Statement dated February 13, 1998. As a result, future 
results may differ materially from the expected results represented by the 
forward-looking statements contained in this Form 8-K.

ITEM 5.           OTHER EVENTS.

         On October 14, 1998, Grace announced that it had terminated its
definitive agreement to acquire the Crosfield business of Imperial Chemical
Industries PLC for $455 million in cash. Grace terminated this agreement
because it was unable to receive clearance for the acquisition from the United
States Federal Trade Commission. Grace anticipates that the termination of the
Crosfield acquisition will not have a material adverse effect on Grace's
financial condition or results of operations.



                                       2

<PAGE>


                                   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.


                                  W. R. GRACE & CO.
                             
                             
Date: October 16, 1998            By:  /s/ David B. Siegel
                                     -------------------------
                                       David B. Siegel
                                       Senior Vice President, General Counsel
                                       and Secretary



                                       3



© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission