CIBA SPECIALTY CHEMICALS GETS GREEN LIGHT TO ACQUIRE RAISIO CHEMICALS.(Brief Article)

The European Commission has granted clearance to the proposed acquisition of Raisio Chemicals Oy, a Finnish company that makes chemicals for the paper industry, by Ciba Specialty Chemicals Holding Inc. The deal does not raise any competition concerns since the two companies' operations are largely complementary with the exception of the market for processing aids in liquid/solid separation agents used to clean waste water and sizing agents used to modify the water resistance characteristics of paper. However, even in this market the ov