U.S. sues to stop merger of hydrogen peroxide makers Evonik and PeroxyChem

FILE PHOTO: The logo of German specialty chemical company Evonik Industries AG is pictured at their plant in Bitterfeld, Germany, February 29, 2016. REUTERS/Fabrizio Bensch

The $625 million sale by group One Equity Partners, announced in November, is aimed at giving Evonik above-average growth rates of around 6% in the hydrogen peroxide and peracetic acid markets.“It is disappointing that the FTC has taken this step to block the acquisition in the highly competitive hydrogen peroxide industry,” said Christian Kullmann, chairman of the executive board of Evonik, in a statement. “We remain optimistic that we will prevail at trial and complete the acquisition.

The Plot Thickens or whitens.....🤷‍♂️

Youre either a real blond or youre not!

Nothing but monopolies, we need teddy the trust buster

Les élections precidentielles en Tunisie commencent à centir l'argent sale. Des quandidats prennent le peuple tunisien pour moins que rien.

Photo Report || IslamicূState Yemen Wilayah - Abyan 📷 | Brother Aqeel al-Muhajir (May Allah Accept➮Him), Who Carried Out the➭Attack on 'Shaykh Uthman' Police Station in Aden CَashAِppFridaِy Melo

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

The Great Flattening: What a Giant Delivery Merger Means for Your DinnerDoorDash buys rival food delivery app Caviar, mixing the delivery world’s highbrow and lowbrow options I'm so sick of having to pay outrageous fees for delivery, not getting my order, and then having to argue with support for 3 hours. Never again! I stopped ordering from them. I don't know any other service I had so many problems with. And customer support never refunds the whole amount Their app sucks, their customer service is absolute garbage, orders are frequently wrong but we still allow them to rip us off with delivery fees 🤬
Source: Eater - 🏆 368. / 59 Read more »

State AGs fighting T-Mobile, Sprint merger request new trial date in DecemberAn attorney for a group of 13 state attorneys general who filed a lawsuit in hop...
Source: Reuters - 🏆 2. / 97 Read more »