Regulatory Approval

News Regulatory Approval

• BASF to acquire CRI/Criterion’s global styrene catalysts business

  BASF announced that it has signed a purchase agreement to acquire the styrene catalysts business of CRI/Criterion, a wholly owned subsidiary of Shell based in Houston, Texas. Financial details of the transaction are not being disclosed. CRI/Criterion is a leading global manufacturer of chemical c more

• BP Agrees to Sell its Interests in Pan American Energy to Bridas Corporation

  BP announced that it has entered into an agreement to sell its interests in Pan American Energy (PAE) to Bridas Corporation. PAE is an Argentina-based oil and gas company owned by BP (60 per cent) and Bridas Corporation (40 per cent). Bridas Corporation will pay BP a total of $7.06 billion in cash more

• Univar’s acquisition of Quaron Group Benelux is ready for Closing

  Univar announced that its acquisition of the Quaron business in Belgium and the Netherlands, approved by the European Commission on July 16, 2010, will not require any further regulatory approvals. The transaction is expected to close as scheduled in the first week of January 2011. Quaron, a chemic more