The European Commission has cleared a deal through which the French Société Anonyme d'Explosifs et de Produits Chimiques (EPC) will acquire a 50% stake in the German drilling and blasting company SAARMontan, a wholly- subsidiary of Deutsche Montan Technologie.

SAARMontan's activities comprise surface and underground drilling and blasting as well as subsoil improvement. EPC is engaged in the manufacture of explosives and chemical products, civil engineering and mining. Brussels said its investigation revealed "only small overlaps ...

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