Brussels, 30/10/2001 (Agence Europe) - no sudden or last minute developments in the Tetra Laval/Sidel dossier: the European Commission, as expected has refused the Swiss group Tetra Laval (owner of Tetra Pak packaging business) from acquiring the French group, Sidel. The European Commission judged the concessions put forward by the two parties insufficient, as well as the operation having provoked serious concerns regarding competition.
Tetra Laval is the undisputed market leader in carton...