DSM Special Products sale to Arsenal Capital Partners will not be completed
05-Feb-2009
- Netherlands
Royal DSM N.V. announced that the previously announced sale of DSM Special Products BV to Arsenal Capital Partners (United States) will not be completed. The transaction was originally announced on 3 March 2008. In August 2008, the European Commission announced an in-depth investigation into the transaction. Last month, the European Commission approved the sale, but the conditions the Commission demanded have led to the conclusion that the intended sale is no longer feasible.
DSM regrets that the transaction cannot be completed and will continue the divestment process for DSM Special Products, as part of its Vision 2010 strategy.
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