German Antitrust Watchdog OKs €310M Lanxess-DSM Deal
The all-cash deal, announced in mid-December, will send DSM's Keltan synthetic rubber brand to Lanxess. After receiving clearance from Germany's Federal Cartel Office, the transaction now only requires approval from Turkish competition authorities, Lanxess spokesman Daniel Smith said.
"Once that's through, then I think that the deal will close," Smith said.
Representatives for DSM and for the cartel office...
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