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RSS FeedsFederal Trade Commission Withdraws Tronox-Cristal Transaction from Adjudication
(WorldNews Business)

 
 

25 march 2019 13:54:33

 
Federal Trade Commission Withdraws Tronox-Cristal Transaction from Adjudication
(WorldNews Business)
 


STAMFORD, Conn., March 25, 2019 /PRNewswire/ -- Tronox Limited (NYSE: TROX) (`Tronox` or the `Company`), a global mining and inorganic chemicals company, today confirmed that the Federal Trade Commission has withdrawn the Company`s proposed acquisition of the titanium dioxide (`TiO2`) business of The National Titanium Dioxide Company Limited (`Cristal`) from adjudication for the purpose of considering the related proposed Consent Agreement. Should the proposed Consent Agreement receive final approval by the Commission, the transaction would then be able to be consummated. The transaction, modified to include the proposed divestiture of Cristal`s North American TiO2 business to INEOS...


 
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