Mitsubishi's takeover of Lucite under scrutiny in China

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    clpstaff &clp articles

    Investigation apparently entering “second phase”

    China's anti-monopoly regulator is said to be delaying its decision on the proposed takeover of Lucite International by Mitsubishi Rayon.

    Lawyers have told China Law & Practice that it seems the Ministry of Commerce (Mofcom) has decided to open a second-phase investigation, indicating possible competition issues.

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