The European Commission said it had cleared plans by French Compagnie de Saint-Gobain to buy Raab Karcher Group, a unit of Stinnes AG, part of Veba AG.
“The Commission has come to the conclusion that…
The European Commission said it had cleared plans by French Compagnie de Saint-Gobain to buy Raab Karcher Group, a unit of Stinnes AG, part of Veba AG. “The Commission has come to the conclusion that Saint Gobain/Raab Karcher will face several large competitors, both national and European, in the production and distribution of construction materials,” it said in a statement.