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Image header Agence Europe
Europe Daily Bulletin No. 7992
Contents Publication in full By article 32 / 48
GENERAL NEWS / (eu) eu/competition

Second phase of investigation concerning planned acquisition of Lenzing by CVC

Brussels, 25/06/2001 (Agence Europe) - The European Commission decided, on 22 June, to open a second phase of the investigation concerning the planned acquisition of Lenzing AG, an Austrian company that manufactures artificial fibres, by CVC Capital Partners Group Ltd (CVC). As CVC already has control of Acordis, a company in the same branch of activities, in initial investigation by the Commission identified a certain number of markets for which this merger could be of concern.

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