DS Smith gets EC approval for SCA Packaging takeover but must sell 3 plants
date:May 26, 2012
firm would control the only three production sites in that region and competitors supplying into that region face higher transport costs.

The EC said all the divested businesses would be viable.

Conditions set for takeover completion

A DS Smith statement said: The clearance requires DS Smith to divest three sites after the acquisition, currently representing approximately 1% of the enlarged Group profit. Todays decision allows DS Smith to proceed towards completion of the acquisition, as pla
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