Brussels Okays Ineos Purchase of Lanxess’s ABS; Extends Hydro Probe

The European Commission has approved Ineos’s proposed acquisition of Lanxess’s acrylonitrile butadiene styrene (ABS) business (CW, July 4/11, p. 17). Meanwhile, The commission has extended the deadline for completing its inquiry into Ineos’s planned acquisition of Norsk Hydro’s petrochemical business from August 24, until September 7 (CW, May 30/June 6, p. 15). The commission cites unspecified “commitments” offered by Ineos to secure...

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