login
login

Europe Daily Bulletin No. 9496

7 September 2007
Contents Publication in full By article 25 / 32
GENERAL NEWS / (eu) eu/competition
Commission clears proposed acquisition of a European branch of Procter & Gamble by SCA, subject to conditions

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...

Contents

THE DAY IN POLITICS
GENERAL NEWS