Press Release: Mergers: Commission approves acquisition of several of Rockwood’s chemical businesses by Huntsman, subject to conditions

Following an in-depth investigation, the European Commission on the 10 September 2014 cleared under the EU Merger Regulation the proposed acquisition by Huntsman Corporation of a number of chemical businesses held by Rockwood Specialties Group, Inc. – both United States companies. The clearance is conditional upon the divestment of Huntsman's TR52 business. TR52 is Huntsman's main titanium dioxide grade used for printing ink applications (such as printing inks used in flexible packaging). The Commission had concerns that the transaction, as originally notified, would have enabled the merged entity to raise prices of titanium dioxide for printing ink applications in the European Economic Area (EEA). The commitments offered by Huntsman address these concerns.

ESO: Background information: Mergers: Commission opens in-depth investigation into acquisition by Huntsman of titanium dioxide assets of Rockwood http://www.europeansources.info/record/press-release-mergers-commission-opens-in-depth-investigation-into-acquisition-by-huntsman-of-titanium-dioxide-assets-of-rockwood/

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