EU Clears Arkema To Buy Some Total Assets
April 29 2011 - 10:14AM
Dow Jones News
The European Commission cleared Friday French chemical company
Arkema SA (AKE.FR) to buy some assets, including a resins business,
of France's energy giant Total SA (TOT).
"After examining the operation, the Commission concluded that
the transaction wouldn't significantly impede effective
competition," the body, which has antitrust powers within the
European Union, said in a statement.
-By Alessandro Torello, Dow Jones Newswires; +32 2 741 14 88;
alessandro.torello@dowjones.com
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