Ahlstrom’s Label and Processing de-merger likely delayed to 2Q 2013 following EC ‘statement of objections’
CLOVERDALE, CALIFORNIA, February 22, 2013-
Ahlstrom and Munksjö received a "statement of objections" from the European Commission related to the proposed de-merger of Ahlstrom's Label and Processing business and its subsequent planned combination with Munksjö. As a result, Ahlstrom now says the de-merger is more likely to happen in the second quarter rather than the original planned date of 1Q 2013.
The companies have said they are working with the EU Commission to resolve any competitive issues raised by the agency.
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