EU Clears Berkshire Hathaway Purchase Of US' Lubrizol Corp.
August 25 2011 - 3:52AM
Dow Jones News
The European Commission has cleared the acquisition by Berkshire
Hathaway Inc. (BRKA) of US speciality chemical company Lubrizol
Corp. (LZ), the EU's antitrust unit said Thursday.
The commission said in a press release its antitrust unit
"concluded that the transaction would not raise competition
concerns, because of the parties' moderate market shares and the
presence of a number of credible competitors in the markets
concerned."
-By Laurence Norman, Dow Jones Newswires; 32-(0) 2741-1481;
laurence.norman@dowjones.com
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