Germany's Evonik wins U.S. legal fight to buy hydrogen peroxide maker PeroxyChem
Share:
WASHINGTON (Reuters) - A federal judge has ruled that Germany's Evonik Industries AG's proposed purchase of rival U.S. hydrogen peroxide maker PeroxyChem Holding Company is legal under antitrust law.In a brief order issued late Friday, Judge Timothy Kelly said that he was denying the U.S. government's request for a preliminary injunction halting the $625 million deal.The U.S. Federal Trade Commission had sued to stop the planned merger in August, citing concerns that it would lead to higher..