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Image header Agence Europe
Europe Daily Bulletin No. 9332
Contents Publication in full By article 33 / 41
GENERAL NEWS / (eu) eu/competition

Commission approves Glatfelter takeover of Crompton's Lydney paper mill

Brussels, 20/12/2006 (Agence Europe) - On Wednesday, the European Commission authorised the proposed takeover of Crompton's Lydney paper mill (UK) by Glatfelter of the US. The Commission undertook an in-depth investigation to verify whetrher the proposed acquisition would create a dominant market player with the ability to restrict production of so-called “wetlaid fibre materials” (used inter alia to make tea bags) and drive up prices in the industry (EUROPE 9270). The market...

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