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Europe Daily Bulletin No. 8004

12 July 2001
Contents Publication in full By article 10 / 43
GENERAL NEWS / (eu) eu/competition
Commission authorises approves takeover of Eurodiol and Pantohim by BASF

Brussels, 11/07/2001 (Agence Europe) - Following an in-depth investigation, the European Commission decided on Wednesday to give the go-ahead to the proposed takeover of Eurodiol and Pantochim, two Belgian chemical companies, by the German firm BASF. The operation will enable BASF to secure greater market shares for certain basic chemical products, but the Commission considers that it will have less of a harmful impact on the market than the closure of the Belgian firms, in situations of...

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