Commission gives conditional approval to corebord joint venture

摘要

The European Commission has cleared a proposed joint venture between Finland's Ahlstrom and Sonoco of the US,subject to conditions.The commission has ruled that the partners must divest a core plant in Sveberg,Norway.The Commission launched a second-phase investigation into the deal in July when its initial study flagged up competition concerns.Brussels officials were worried the link-up could reduce competition in the high-end magazine paper core market in Scandinavia and in the low-end core sector in Sweden and Norway.