Why, nothing happened! Ask anyone (on RFF). Agfa Gevaert spun off AgfaPhoto so that it would die because they saw the writing on the wall. But not if you talk to the True Believers (tm). If you ask them, AgfaPhoto went bankrupt because of evil capitalists, not because they weren't selling enough film to remain profitable. And in any case, someone will buy their assets and start AgfaPhoto back up again. And even if the old factories were knocked down and the manufacturing equipment hauled away to South Korea to make coated (non-photographic) film, they're still sure that a new deal will be announced ANY DAY NOW that will bring Agfa roaring back to life. And besides, AgfaPhoto is already back, they read it somewhere or other, even if they can't quite find the news location where it was stated, they heard it from a guy who heard it from another guy, but in any case, it doesn't matter, because if you don't think AgfaPhoto is coming back, you're just a HATER and you should not be allowed on RFF.
The truth is the company went bankrupt. The bits of it were sold off, and they had a lot of film in cold storage that is still being parceled out, but there is nothing new being made. Sad but true. However, lots of people like to believe utter nonsense because it makes them feel better. And I'm a hater for busting their bubbles.