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Image header Agence Europe
Europe Daily Bulletin No. 7709
Contents Publication in full By article 15 / 56
GENERAL NEWS / (eu) eu/competition

Authorisations, with conditions, of Alcoa-Reynolds and Union Carbide-Dow Chemicals mergers

Brussels, 03/05/2000 (Agence Europe) - The European Commission has authorised, with conditions, the merger of the American groups Alcoa and Reynolds Aluminium, which will create the world's largest aluminium manufacturer. It has also given its go-ahead to Dow Chemical's acquisition of Union Carbide, in the chemicals and plastics sector. In response to the Commission's concerns about risks of the creation of dominant positions on several market segments, the parties to both mergers have made...

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