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Image header Agence Europe
Europe Daily Bulletin No. 9331
Contents Publication in full By article 35 / 46
GENERAL NEWS / (eu) eu/competition

Commission approves acquisition of Aker Kvaerner by Metso, subject to conditions

Brussels, 19/12/2006 (Agence Europe) - On 12 December, the European Commission gave the green light to the proposed acquisition of the pulp and power business of Norwegian group Aker Kvaerner ASA by Metso Corporation Oy (Metso) of Finland.

During its in-depth investigation, which was opened in August 2006, the Commission found that the proposed acquisition might create competition problems in a number of markets for pulp mill equipment. These fears were entirely removed, however, when Metso...

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