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Provider: Reuters Investment Profile
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EU Regulators To Approve Ahlstrom Oyj's Unit And Munksjo Merger Deal-Reuters


Tuesday, 21 May 2013 11:21am EDT 

Reuters reported that Ahlstrom Oyj is set to secure European Union approval for the merger of its label unit with Munksjo after agreeing to sell a German business. Ahlstrom said earlier this month that it would divest its sandpaper backings and pre-impregnated wallpaper businesses to address EU regulatory concerns over the deal with Sweden's Munksjo. The EU competition regulator opened an investigation into the deal in December last year to look at whether the combined unit would have too much market power in Europe and worldwide. 

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