Thomson is reporting (subscription required) that the European Commission has cleared One Equity Partners’ acquisition of a 66.75% stake in Columbian Chemicals. The purchase will make Columbian a wholly-owned subsidiary of One Equity Partners. In December, DC Chemicals announced it would sell its two-thirds stake in Columbian. In January, the EC announced that it would investigate the acquisition, which will have no effect on concentration levels in the European carbon black industry.
March 2, 2009
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Comment by Adalberto — March 3, 2009 @ 1:41 am