EU conditionally approves DIC acquisition of BASF pigments business

MOSCOW (MRC) -- The European Commission says it has approved, under EU merger regulation, the proposed acquisition of BASF's worldwide pigments business, BASF Colors & Effects, by DIC Corp. (Tokyo, Japan), reported Chemweek. To address the Commission's competition concerns, DIC offered to divest a pigment manufacturing facility operated by its wholly-owned subsidiary Sun Chemical at Bush

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