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Europe Daily Bulletin No. 8489

24 June 2003
Contents Publication in full By article 29 / 41
GENERAL NEWS / (eu) eu/competition
Vantico-Huntsman merger gets go-ahead

Brussels, 23/06/2003 (Agence Europe) - The European Commission has authorised the acquisition of the Luxembourg-based chemical producer Vantico Group S.A. by the US fund MatlinPatterson, which has joint control of Huntsman Holdings LLC, also a chemicals company based in the United States. The deal, notified on 15 May, foresees that MatlinPatterson will contribute the Vantico equity to Huntsman, which will then control the company. The Commission notes that although both Huntsman and Vantico...

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