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Image header Agence Europe
Europe Daily Bulletin No. 7923
Contents Publication in full By article 23 / 42
GENERAL NEWS / (eu) eu/competition

Clearance for Degussa's takeover of Laporte, as long as activities are sold

Brussels, 14/03/2001 (Agence Europe) - As we mentioned, the European Commission has allowed the German firm Degussa AG, subsidiary of E.ON.AG., to take exclusive control of the British firm Laporte PLC. Both parties are active in the manufacture of speciality and other chemical products, and the Commission noted an overlap on several markets, especially important in the persulfates, cationic reagents and hydroxy monomers sectors. For persulfates the parties are said to hold an accumulated...

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