Takeover of VPS by P&G is legally right

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According to the Court of Justice of First Instance of the European Community, the takeover of Vereinigte Papierwerke Schickedanz AG (VPS) by Procter & Gamble approved in the course of pre-emptive merger control in mid-1994 was legally right. The judgement that now has been proclaimed dismisses an action filed by a ...

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