CC Cancels Inquiry In Dorf Ketal Chemicals Buy Of Johnson Matthey Unit
December 10 2010 - 2:51AM
Dow Jones News
The Competition Commission, or CC, said Friday it has formally
cancelled its inquiry concerning the anticipated acquisition by
Dorf Ketal Chemicals AG of the titanate and zirconate business of
Johnson Matthey PLC (JMAT.LN).
MAIN FACTS:
-CC has received assurances from the parties that the proposed
acquisition has been abandoned.
-Johnson Matthey shares closed Thursday at 1916 pence valuing
the company at GBP4.11 billion.
-By Jana Weigand, Dow Jones Newswires; 44-20-7842-9314;
jana.weigand@dowjones.com
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