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Image header Agence Europe
Europe Daily Bulletin No. 10268
Contents Publication in full By article 40 / 46
GENERAL NEWS / (eu) eu/competition

BASF may acquire Cognis but subject to conditions

Brussels, 01/12/2010 (Agence Europe) - On 30 November, the European Commission cleared the proposed acquisition of Cognis, a German company supplying specialty chemicals, nutritional ingredients and functional products, by German chemical group BASF. BASF will, however, be required to divest its activities in the sector of hydroxy monomers, a sector in which the activities of the two parties overlap and where the merged entity would have had a strong position in a market where the...

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