VALHI INC /DE/
8-K, 1998-06-10
SUGAR & CONFECTIONERY PRODUCTS
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                       SECURITIES AND EXCHANGE COMMISSION



                             WASHINGTON, DC  20549



                                    FORM 8-K



                                 CURRENT REPORT



               Pursuant to Section 13 or 15(d) of the Securities
                              Exchange Act of 1934



                                  June 9, 1998
               (Date of Report, date of earliest event reported)



                                  VALHI, INC.
             (Exact name of Registrant as specified in its charter)

           Delaware                1-5467              87-011015
       (State or other          (Commission          (IRS Employer
       jurisdiction of          File Number)         Identification
        incorporation)                                    No.)



          5430 LBJ Freeway, Suite 1700, Dallas, TX      75240-2697
          (Address of principal executive offices)      (Zip Code)



                                 (972) 233-1700
              (Registrant's telephone number, including area code)



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

Item 5: Other Events

     On June 9, 1998, the registrant, Valhi, Inc., issued the press release
attached hereto as Exhibit 99.1, which is incorporated herein by reference.

Item 7:   Financial Statements,  Pro Forma  Financial Information and Exhibits

          (c)  Exhibit

          Item No.      Exhibit Index
          ----------    ------------------------------------------

          99.1          Press release dated June 9, 1998 issued by Valhi, Inc.

                                   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.

                                VALHI, INC.
                                (Registrant)




                                By:  /s/ Steven L. Watson
                                    -----------------------------
                                    Steven L. Watson
                                    Vice President & Secretary



Date:  June 9, 1998








                          PRESS RELEASE


FOR IMMEDIATE RELEASE:                       CONTACT:

VALHI, INC.                                  STEVEN L. WATSON
THREE LINCOLN CENTRE                         VICE PRESIDENT
5430 LBJ FREEWAY, SUITE 1700                 (972) 450-4216
DALLAS, TEXAS  75240-2697



                    VALHI, INC. SETTLES STOCKHOLDER LAWSUIT


     DALLAS, TEXAS . . . June 9, 1998 . . .Valhi, Inc. (NYSE: VHI) announced
today that it transferred to Tremont Corporation (NYSE: TRE) $24.3 million cash
pursuant to the previously announced settlement agreement with respect to Kahn
v. Tremont Corporation, et al., as approved by the Delaware Court of Chancery.

     Valhi is engaged in the chemicals, component products and waste management
industries.

                                   * * * * *




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