login
login

Europe Daily Bulletin No. 10438

26 August 2011
GENERAL NEWS / (ae) eu/competition
Berkshire's acquisition of Lubrizol gets go-ahead

Brussels, 25/08/2011 (Agence Europe) - On Thursday 25 August, the European Commission gave the go-ahead to the planned acquisition by US company Berkshire of US company Lubrizol. The Commission decided that the deal would not raise competition concerns, because of the parties' moderate market shares and the presence of a number of credible competitors in the markets concerned. The Commission examined the competitive effects of the proposed acquisition in the affected markets for the sale of...