Extended antitrust review delays Ecolab, Champion deal

BAKER: An agreement with justice officials is expected this year. Ecolab’s $2.2-billion acquisition of oil-field services firm Champion Technologies is now expected to close by 28 February 2013, as the company remains in extended discussions with the US Department of Justice (DOJ; Washington) regarding antitrust review, Ecolab says. The acquisition was originally expected to close by the end of 2012. “We have worked hard with the DOJ to resolve the remaining issues regarding our transaction,” says Ecolab CEO Douglas Baker. “We have entered...

This information is only available to Chemical Week subscribers.

Forgot your user ID or password?
Click here to have it sent to you.

Email Address First Name Last Name

Not an IHS Chemical Week 24/7 member yet? Here's why you should be: Searchable online archive access of the last 2 years of Chemical Week. Print or digital magazine subscription Price and market change alerts Economic data and statistics Buyers' Guides Webcasts | whitepapers