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Image header Agence Europe
Europe Daily Bulletin No. 8370
Contents Publication in full By article 18 / 20
GENERAL NEWS / (eu) eu/competition

Bain Capital authorised to buy stake in Rhodia

Brussels, 02/01/2003 (Agence Europe) - The European Commission has approved the acquisition by Bain Capital Ltd (US investment fund) of the European chemical intermediate business of France's the Rhodia group. The Commission's investigation showed that Bain Capital does not hold any interest in any companies active in the same product markets (sodium carbonate, sodium bicarbonate, phenol, acetone, hydrochloric acid) and the deal therefore does not give rise to horizontal overlaps or vertical...

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