COMMISSION CLEARS PERMIRA HUNGARY PLASTICS DEAL
November 1st, 2006
BY KEITH NUTHALL
THE EUROPEAN Commission has cleared the acquisition of Borsod-Chem Nyrt of Hungary by Permira Holdings Ltd of Guernsey, the Channel Islands. A Brussels note said that Permira subsidiary First Chemical Holding Vagyonkezel? Kft (itself controlled by another subsidiary the Permira IV Fund) would take over the Hungarian company. The deal will lead to Permira expanding its existing plastics ingredients production interests, with Borsod-Chem making plastics and ingredients, notably polyvinyl chloride resin; polyvinyl chloride compounds; polyvinyl ...
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