Press Release: Mergers: Commission approves proposed acquisition of Münchsmünster Cracker and associated assets by Basell

The European Commission has cleared under the EU Merger Regulation the proposed acquisition of Münchsmünster Cracker and associated assets located in Germany by Basell of Germany, owned by the Access Industries group of the US. The Commission concluded that the operation would not significantly impede effective competition in the European Economic Area (EEA) or any substantial part of it.