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Europe Daily Bulletin No. 7778

12 August 2000
GENERAL NEWS / (eu) eu/competition
Commission authorises acquisition of Modo Paper by Metsa-Serla

Brussels, 11/08/2000 (Agence Europe) - The European Commission authorised the operation through which the Finnish company Metsa-Serla Corp. will acquire the exclusive control over the Swedish company Modo Paper AB. Initially, the Commission had preoccupations concerning the reduction in the number of paper merchants in Sweden to only two large operators just after this merger. The undertakings made by Mesa-Serla to sell its Grafiskt Papper company should lead to conditions of healthly...