On Tuesday, 11 October, the European Commission approved the proposed acquisition of DuPont’s ‘Mobility & Materials’ business by Celanese, subject to full compliance with the commitments offered by Celanese.
Responsible for competition policy, Executive Vice-President Margrethe Vestager stated, “The commitments offered by Celanese, divesting a stand-alone business, fully remove our competition concerns as they ensure that a player will remain in the market.”
Celanese is a...