Chemical Week Magazine :: Newsbriefs
Ecolab extends Champion close date to 15 April
6:11 AM MDT | March 29, 2013
Ecolab has announced that it expects the close of its $2.2-billion acquisition of oil field services firm Champion Technologies to occur on or before 15 April. The deal was previously expected to close by 31 March, but has run into an extended review by US antitrust authorities. However, Ecolab still expects the deal to close. â€śWe continue to have productive discussions with the antitrust division of the US Department of Justice (DOJ),â€ť Ecolab says. â€śDiscussions with the DOJ have progressed, and we believe the likely resolution will not meaningfully impact...
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