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Europe Daily Bulletin No. 9199

25 May 2006
Contents Publication in full By article 25 / 49
GENERAL NEWS / (eu) eu/competition
Orica/Dyno Nobel merger cleared subject to conditions

Brussels, 24/05/2006 (Agence Europe) - The European Commission has approved the proposed acquisition, subject to conditions, by Australia-based Orica Ltd. (“Orica”) of most of the businesses of Norwegian company Dyno Nobel ASA (“Dyno”) outside North America and Australia. Both companies are active in the explosives and detonators industry. Under the proposed operation, Orica would acquire almost all of Dyno's business in Europe, Africa, Asia and Latin America; the Dyno operations in...

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