U.S. FTC SETS CONDITION FOR VULCAN TO BUY OXY ASSETS

摘要

4 June.The US Federal Trade Commission (FTC) agreed to allow Occidental Chemical to buy the chemical assets of Vulcan Materials,provided Oxy sells Vulcan's Port Edwards,Wisconsin,US, plant.It said Oxy was paying US214m for the Vulcan assets,subject to adjustment for changes in net working capital,plus future contingent payments projected to equal US145m.