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Europe Daily Bulletin No. 12175

19 January 2019
ECONOMY - FINANCE - BUSINESS / Competition
Conditional green light for BASF to acquire Solvay's nylon business
Brussels, 18/01/2019 (Agence Europe)

On Friday 18 January, the European Commission conditionally approved BASF’s proposed acquisition of Solvay's nylon business. 

The institution's decision echoes the in-depth investigation it opened last June into this transaction between Solvay (Belgium) and BASF (Germany), which is dominant in the market segment for a specific type of nylon, 'nylon 6.6' (see EUROPE 12049)

Following its investigation, the Commission considered that the proposed acquisition, as initially presented,...

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