The European Commission approved Aequita Management SE's acquisition of SABIC Europe B.V.
According to 36Kr, the European Commission approved the acquisition by Aequita Management SE of SABIC Europe B.V., the Dutch subsidiary of SABIC, granting all control and merging SABIC Europe’s operations. The Commission said the deal primarily involves the chemical industry, that the combined market shares would be limited, and it completed the review under a simplified merger procedure.
Key facts
- 01Aequita Management SE is acquiring SABIC Europe B.V., the Dutch subsidiary of SABIC.
- 02The European Commission approved the acquisition and will grant all control to Aequita.
- 03The deal is described as involving the chemical industry with limited post-merger market shares.
- 04The review was completed under a simplified merger procedure.
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