Tronox abandons FTC case after agreeing extension to Cristal takeover

Published: Monday, 12 March 2018

The titanium dioxide producer has abandoned an attempt to force the FTC into a quick decision after extending the deal deadline.

Tronox has abandoned a lawsuit against the US Federal Trade Commission (FTC) after agreeing an extension deal for its planned takeover of rival producer Cristal.

In a filing in the United States District Court for the Northern District of Mississippi on March 7, the titanium...

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