The Commission approved the acquisition of Chesapeake Paperboard Business, of Luxembourg, by The Carlyle Group (“Carlyle”), of the US. The Chesapeake Paperboard Business is active in the manufacture and sales of paper-based packaging solutions. Carlyle is a global alternative asset manager. The Commission concluded that the acquisition would not significantly impede effective competition in the EEA or any substantial part thereof. The acquisition was examined under simplified merger review procedure. Source: Commission Press Release 13/08/2013
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Commission approves proposed acquisition of Chesapeake Paperboard Business by Carlyle Group
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