Brussels, July 17 - The European Commission on Thursday extended its review of plans by New York-based private equity firm Arsenal Capital to buy the special products business of Dutch chemicals group DSM.
The division, known as DSM Special Products, or DSP, makes food-related ingredients.
The extension of the date to Aug. 6 from July 23 came because the EU's executive Commission found competition difficulties with the deal and Arsenal proposed remedies.
The extra time will permit competitors and customers to review the proposed remedies and comment on them.