EU INK RESIN COMMERCIAL DEAL APPROVAL AKZO NOBEL APOLLO GROUP NETEHRLANDS USA
June 1st, 2006
BY KEITH NUTHALL
THE EUROPEAN Commission has approved without imposing conditions the proposed acquisition of the inks and adhesive resins business of Dutch company Akzo Nobel by the USA's Hexion, part of the Apollo Group. This follows a Commission inquiry focusing on potential damage to competition in supplies of printing ink industry resins, especially rosin resins. However, Brussels concluded that despite "considerable market shares" commanded by the merged group for rosin resins, the market "would remain competitive". In particular, it ...
Full access to this article can be arranged with permission from the client that first ordered it. Please contact us to request access. Entries are uploaded to our archive at least one year after being published by a client – free access is restricted to International News Services journalists for background research only. The article date indicates when copy was filed to a client, not when posted to this archive. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.