Item 8.01. Other Events.
(1) As previously disclosed, onAugust 30, 2021 ,Ashland Global Holdings Inc. ("Ashland") through its indirect wholly owned subsidiary,Ashland LLC , entered into a Purchase and Sale Agreement (the "Agreement") with Arkema, a French société anonyme ("Arkema"), pursuant to which Ashland agreed to sell certain of the assets of the segment of Ashland known as "Performance Adhesives" (the "Business") to Arkema for$1,650,000,000 in cash, subject to a working capital adjustment, plus the assumption by Arkema of certain liabilities of the Business, in each case as specified in the Agreement. The attached pro forma financial information, presented as if the probable disposition of the Business occurred as ofOctober 1, 2018 , is filed as Exhibit 99.1 to this Form 8-K and incorporated herein by reference. (2) OnNovember 1, 2021 , Ashland issued a press release, announcing, among others, an update on its preliminary fiscal 2021 results and the preparation of the proforma financial information of Ashland, reflecting the divestiture of the Business described in paragraph (1) above. The press released is filed as Exhibit 99.2 and incorporated herein by reference.
The information contained in this Item 8.01 and in the proforma financial information and press release filed, respectively, as Exhibit 99.1 and Exhibit 99.2, are being furnished, not "filed". Accordingly, the information in this Item 8:01 and in Exhibit 99.1 and Exhibit 99.2 will not be incorporated by reference into any registration statement filed by Ashland under the Securities Act of 1933, as amended, unless specifically identified therein as being incorporated therein by reference. The furnishing of the information in this report is not intended to, and does not, constitute a determination or admission by Ashland that the information contained herein or attached hereto is material or complete, or that investors should consider this information before making an investment decision with respect to any security of Ashland.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits 99.1Ashland Global Holdings Inc. Unaudited Pro Forma Financial Information. 99.2Ashland Global Holdings Inc. News Release datedNovember 1, 2021 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). 2
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