EU Clears Proposed Acquisition Of ISP By Ashland
August 19 2011 - 7:19AM
Dow Jones News
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
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