A PYMNTS Company

E.U.: Commission takes second look at creation of NewCo

By  |  December 7, 2012

According to a press release, a second phase investigation has been opened into the proposed merger between Ahlstrom’s Label and Processing company and Munksjö AB, a manufacturer of paper products. The result would be a new company, “NewCo.” The parties hope to resolve the review and complete their transaction by the second quarter of 2012. The European Commission has 90 working days to make a final decision; its second, in-depth investigation is to focus on abrasive backings and pre-impregnated décor paper. The first investigation indicated potential concerns within these two markets.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    Subscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Full Content: European Commission

    We’d love to be your preferred source for news.

    Please add us to your preferred sources list so our news, data and interviews show up in your feed. Thanks!

    Add as Preferred Source

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.