23/02/2006 (Agence Europe) - The European Commission has cleared the proposed acquisition of the industrial foil business of the Belgian company, Solvay, by the German company Renolit, subject to a number of conditions. Renolit has committed to divest two production plants and a number of other assets to safeguard competition in the flexible technical PVC film market where the proposed transaction raises competition concerns. The proposed concentration would bring together the two leading...