Brussels, 29/10/2007 (Agence Europe) - On 20 October, the European Commission cleared the planned acquisition of the glass fibre reinforcements and composite fabrics businesses ("Vetrotex") of the French Compagnie de Saint-Gobain (Saint Gobain) by Owens Corning of the US. The Commission's decision is, however, conditional upon the divestment of two facilities producing certain types of glass fibre reinforcements.
Owens Corning is a company active worldwide in the production and sale of...