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The European Commission cleared International Paper's acquisition of DS Smith, conditional on International Paper divesting box plants in Mortagne, Saint-Amand, Cabourg, Ovar and Bilbao.
Armstrong International has secured a European Commission Innovation Fund grant to accelerate expansion of its Herstal, Belgium manufacturing facility for high-temperature heat pumps. The grant amount was not disclosed.
The European Commission cleared Ball's acquisition of beverage can maker Rexam in January 2016, conditional on divesting 12 plants in the EEA and nearly the whole European overlap. The decision followed a phase 2 investigation.
