24 August 2007 18:15 [Source: ICIS news]
TORONTO (ICIS news)--The European Commission (EC) has cleared the planned €290m ($392m) acquisition of Borealis’ petrochemicals business in ?xml:namespace>
INEOS and Borealis announced the deal in June.
The commission’s examination had shown that the combination would not have significant anti-competitive impacts on the markets for ethylene (C2), polyethylene (PE), propylene (C3), polypropylene (PP), crude C4 and pygas, it said.
($1 = €0.74)
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