Ashland Global Holdings Inc. (NYSE:ASH)
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5 Years : From Apr 2012 to Apr 2017
The European Commission said Friday it has cleared the proposed acquisition of U.S. chemicals supplier International Specialty Products by its U.S. peer Ashland (ASH).
The European Union executive said the merged entity would still face competition from other suppliers and so the deal wouldn't signficantly harm competition in Europe.
The companies' activities are largely complementary and there won't be a significant change to the structure of the market, the commission said.
-By Brussels Bureau, Dow Jones Newswires; +322 741 1480