Mergers & Acquisitions Mergers & Acquisitions

Petronas seeks EU approval for Perstorp takeover

By Andrew Boyce
  • 04 Aug 2022 14:25
  • 04 Aug 2022 14:25
Petronas Chemicals Group Berhad has requested EU approval for its plan to buy Perstorp, a Swedish specialty chemicals maker, for an enterprise value of 2.3 billion euros ($2.3 billion).

The European Commission has set an initial Sept. 8 deadline to decide on the deal.

Petronas, a Malaysian manufacturer of petrochemical products controlled by the

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