05 June 2012 13:59 [Source: ICIS news]
LONDON (ICIS)--The European Commission has cleared Mexichem’s €531m ($664m) acquisition of Dutch plastics pipe firm Wavin, it said on Tuesday.
The deal did not raise not raise competition concerns because the merged Mexichem-Wavin entity will continue to face sufficient competition, the commission said.($1 = €0.80)
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