Univar to Close Acquisition of Quaron's Benelux Assets in January; Abandons Purchase of Quaron Assets in France

Univar says it expects to close the previously announced acquisition of Quaron's (Zwijndrecht, the Netherlands) chemical distribution assets in Belgium and the Netherlands in the first week of January 2011. The deal requires no further regulatory approvals, Univar says. However, Univar has abandoned plans to buy Quaron's assets in France, following a government antitrust investigation there. The European Commission approved Univar's acquisition of Quaron's Benelux assets last July but it referred the part of the overall deal related to Quaron's distribution...

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