Reuters logo
2 个月内
Reichhold gains conditional EU approval for Polynt buy
2017年5月12日 / 下午2点04分 / 2 个月内

Reichhold gains conditional EU approval for Polynt buy

1 分钟阅读

BRUSSELS, May 12 (Reuters) - U.S. chemicals group Reichhold secured EU antitrust approval on Friday for its proposed buy of Italian polymers maker Polynt after pledging to divest a facility in France to U.S. company Ashland Global Holdings.

Reichhold, owned by a group of investors including Black Diamond Capital, had announced the asset sale last month. The plant, located in Etain in north-east France, is Reichhold's largest unsaturated polyester resin plant.

The European Commission said the asset sale addressed its concerns about the competitive impact of the deal.

Polynt is a leading European producer of resins which are principally used in the transportation and construction industries. (Reporting by Foo Yun Chee; editing by Robert-Jan Bartunek)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below