ICS Magazine

CVC withdraws EU notification of Forbo buy

April 26, 2005
BRUSSELS (AFX) - CVC European Equity Partners has withdrawn its notification to the European Commission of its proposed acquisition of Swiss flooring and adhesives manufacturer Forbo Holdings AG, according to the competition unit.

The commission, which polices competition in the 25 EU member states, was due to decide whether or not to clear the deal on April 29.

It gave no reason for the withdrawal.