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Acerinox: EU approves acquisition of VDM

(CercleFinance.com) - The European Commission has approved the acquisition of Germany's VDM by the Spanish group Acerinox.


VDM manufactures and provides high-performance alloys such as nickel-based alloys. Acerinox manufactures and supplies stainless steel.

The Commission concluded that the proposed acquisition would not pose any competition problems, as there is no overlap between their businesses.


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