19 July 2010 13:18 [Source: ICIS news]
LONDON (ICIS news)--The European Commission has approved Univar's proposed acquisition of Eurochem's chemical distribution activities in Belgium and the Netherlands, the EU's executive body said on Monday.
The Commission found that U?xml:namespace>
Eurochem is also known as Quaron.
However, the Commission has referred part of the proposed acquisition relating to Eurochem's activities in
“After a preliminary investigation, the Commission found that this part of the proposed transaction would threaten to significantly affect competition in the distribution of chemicals in
Univar first agreed to acquire all of Eurochem's shares on 5 February.
To discuss issues facing the chemical industry visit ICIS connect
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections