Canada approves Evonik’s acquisition of rival PeroxyChem, but asset sale required

摘要

The Competition Bureau of Canada today announced that it has reached an agreement with Evonik Industries to address competition concerns related to its proposed acquisition of PeroxyChem Holding. Following an extensive review, the Bureau concluded that Evonik’s acquisition of PeroxyChem was likely to result in a substantial lessening of competition in the supply of hydrogen peroxide (H2O2) in Western Canada.