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European Commission expected to conduct extended review of Huntsman-Rockwood pigments deal

12:31 PM MST | February 28, 2014 | Lindsay Frost

Huntsman announced today that it expects the European Commission to open a phase II investigation of its proposed acquisition of Rockwood’s performance additives and titanium dioxide businesses. The Commission would have up to 125 working days to make a final decision on whether the proposed transaction would significantly impede effective competition in the European economic area, the company says. The Commission opens a phase II if a proposed merger still raises competition concerns after its initial review. "Phase II is not out of the...

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