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Image header Agence Europe
Europe Daily Bulletin No. 9319
Contents Publication in full By article 36 / 40
GENERAL NEWS / (eu) eu/competition

Commission approves planned acquisition of GE Advanced Materials by the Apollo Group

Brussels, 01/12/2006 (Agence Europe) - The European Commission has cleared the planned acquisition of the specialty chemicals division of General Electrics - GE Advanced Materials - of the US by the American private investment group Apollo. The Apollo Group will acquire the whole of GE Advanced Materials, including all the shares in the joint ventures GE Toshiba Silicones and GE Bayer Silicones (together GEAM). The Commission investigated two product markets - specialty silicone fluids where...

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