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A. Schulman: US authorities give green light to takeover of ICO

Ahead of the scheduled deadline, the US Federal Trade Commission granted its approval for the merger of polymer powders producer ICO (Houston, Texas / USA; www.icopolymers.com) with compounds and resins supplier A. Schulman (Akron, Ohio / USA; www.aschulman.com). Now all that remains is for ICO's board of directors to give the final go-ahead.

Expected to be realised this spring, the merger's price tag is estimated at some USD 191m.

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