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Image header Agence Europe
Europe Daily Bulletin No. 12617
Contents Publication in full By article 24 / 36
ECONOMY - FINANCE - BUSINESS / Competition

European Commission clears acquisition of BASF Colors & Effects by DIC subject to conditions

The European Commission on Monday 7 December cleared the proposed acquisition of BASF Colors & Effects by DIC Corporation (‘DIC’). The approval is conditional on full compliance with a commitments package offered by DIC.

According to Margrethe Vestager, Executive Vice President responsible for Competition Policy, “the combination of DIC and BASF Colors & Effects risked depriving customers of high quality pigments. This merger is approved on the condition that the companies divest...

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EXTERNAL ACTION
SECTORAL POLICIES
INSTITUTIONAL
ECONOMY - FINANCE - BUSINESS
FUNDAMENTAL RIGHTS - SOCIETAL ISSUES
COUNCIL OF EUROPE
NEWS BRIEFS
CORRIGENDUM