CELENESE & CLARIANT
December 1st, 2002
BY KEITH NUTHALLTHE EUROPEAN Commission has authorised the acquisition by German chemicals firm Celanese AG of the emulsions and emulsion powders business of Swiss company Clariant AG. Concluding that the deal does not raise any competition concerns within the European Union, Brussels cleared the takeover without conditions.Even though Celanese has no current emulsions and emulsion powder interests, the Commission investigated concerns that the combination of the German company's monomer production with Clariant's emulsion business might allow it to deny rival ...
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