Brussels, 10/12/2007 (Agence Europe) - On Friday 7 December, the European Commission announced the opening of an in-depth investigation into the proposed acquisition of M-real Zanders' Reflex mill located in Düren, Germany, by Arjowiggns of France (Sequana Capital group). Both companies produce carbonless paper and other speciality premium fine paper. The Commission's initial market investigation has indicated that the proposed merger would raise serious doubts with regard to the carbonless paper market, the Commission states, specifying that this in no way prejudges the final outcome of the investigation. The Commission now has 90 working days (until 28 April 2008) to take a final decision. The detailed investigation must verify whether the proposed transaction would increase the price of carbonless paper and, as a consequence, harm consumers. (L.C.)