Ineos, Solvay Offer EU More Antitrust Fixes For $5.8B JV

Law360, New York (March 10, 2014, 8:37 PM EDT) -- Solvay SA and Ineos Group Ltd. offered additional remedies Friday in a bid to win clearance for a $5.8 billion joint venture from the European Union's antitrust regulator, about two weeks after the two companies offered to divest a series of chemical plants and other assets across Europe.

Details of the new round of commitments, aimed at easing the European Commission’s concerns over the two companies’ proposed plastics deal, were undisclosed and a spokeswoman for Solvay, Caroline Jacobs, said Monday it was too early to comment....
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.