EU Orders Divestitures In Ahlstrom-Munksjo Merger

Law360, New York (May 24, 2013, 2:30 PM EDT) -- The European Commission signed off Friday on the merger between Finland's Ahlstrom Corp. and Sweden's private equity-backed Munksjo AB on the condition that Ahlstrom sell off its paper business in Germany in order to keep the deal from threatening competition.

Two days after the transaction received conditional clearance in Brazil, the European Union's antitrust watchdog likewise approved the transaction, which will combine some of Ahlstrom's paper operations with Munksjo's business to create a new company with pro forma net sales of €1.2 billion ($1.55 billion)....
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