Brussels, 06/09/2007 (Agence Europe) - On 6 September, the European Commission approved the proposed acquisition of the European tissue business of the US company Procter & Gamble by Sweden's SCA. Both companies are major suppliers of tissue paper products. The Commission's decision is conditional upon SCA's commitment to divest its “Softis” brand handkerchief/facials business.
SCA is a Swedish company active in the personal care sector across Europe, while Procter & Gamble's European...