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Europe Daily Bulletin No. 8907

12 March 2005
Contents Publication in full By article 26 / 54
GENERAL NEWS / (eu) eu/competition
Detailed investigation into Blackstone's takeover of Acetex

Brussels, 11/03/2005 (Agence Europe) - The European Commission has opened an in-depth second phase investigation into the acquisition of the Canadian chemicals company, Acetex, by the American business bank, Blackstone. The latter owns the chemical company, Celanese, whose field of activity partially overlaps with that of Acetex, when it comes to acetic acid based products. After a preliminary examination, the Commission noted there were risks from the competitive point of view because of...

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