US regulators issue complaint against Cristal aquisiton
Published: Thursday, 07 December 2017
Tronox's purchase of the titanium dioxide (TiO2) maker could create an "oligopoly" in US chloride-route supply, the Federal Trade Commission says.
States’ Federal Trade Commission (FTC) has issued
an administrative complaint against Tronox’s $1.67
billion acquisition of Cristal. The proposed merger could
significantly limit competition in North American TiO2
markets, the complaint says.
Tronox signed a definitive agreement to acquire Cristal in
February this year, which would see...