France: Plastic Omnium secures Inergy deal approval

Plastic Omnium has confirmed that it has received authorisation from the European competition authorities to acquire Solvay's 50% stake in Inergy Automotive Systems, thereby taking its ownership to 100%. The two partners signed a non-binding memorandum of understanding with regard to the proposed ownership change in mid-June 2010. Inergy Automotive Systems was Subscribe to Automotive … Continued

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• September 10, 2010