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Europe Daily Bulletin No. 9226

6 July 2006
Contents Publication in full By article 23 / 30
GENERAL NEWS / (eu) eu/competition
After concessions, Inco can acquire Falconbridge

Brussels, 05/07/2006 (Agence Europe) - After obtaining a number of commitments, the Commission has cleared the proposed acquisition by Canadian company Inco of Falconbridge, also active in mining, particularly of nickel. The transaction would have led to a substantial impediment of effective competition on certain nickel and cobalt markets in the European Economic Area (EEA). The parties, however, agreed to divest Falconbridge's sole nickel refinery and related assets and sell them to...

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