Oct 11, 2022ACQUISITIONFerrara, Italy, Italy Celanese offers to sell thermoplastic copolyester business to clear DuPont polymer unit purchase
To satisfy European Commission concerns, Celanese offered to sell its thermoplastic copolyester business and a plant in Ferrara, Italy, to Taro Plast, as part of its $11 billion acquisition of DuPont's engineering polymer unit.
Productsthermoplastic copolyestersengineering polymers
“The EC found no competition concerns arising from the transaction as modified by the commitments.”ecp.crai.com
- 3 sources
- ecp.crai.comEuropean Commission conditionally clears Celanese’s acquisition of DuPont’s Mobility & Materials Business - Charles River AssociatesOct 12, 2022
- reuters.comEU clears Celanese to buy DuPont unit on divestment conditionOct 12, 2022
- cen.acs.orgCelanese, Sika plan sales to clear deals with regulatorsAlexander H. TulloOct 29, 2022
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