Crompton Corporation / General Electric Company
OFT closed case: Anticipated acquisition by Crompton Corporation of the Speciality Chemicals Business of General Electric Company.
Affected market: Chemical production
On the basis of the information available to it, the Office of Fair Trading has decided that the proposed acquisition of the speciality chemicals business of General Electric Company by Crompton Corporation does not qualify for investigation under the mergers provisions of the Enterprise Act 2002, because neither the UK turnover test nor the share of supply test in section 23 of the Act is met. A relevant merger situation has, therefore, not been created.