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TESB Tessenderlo Group

24.40
0.10 (0.41%)
26 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Tessenderlo Group EU:TESB Euronext Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.10 0.41% 24.40 24.15 24.90 24.40 24.20 24.30 13,030 16:40:00

EU Sends Antitrust Charges To Animal Feed Phosphate Cos

08/01/2010 1:58pm

Dow Jones News


Tessenderlo (EU:TESB)
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European Union antitrust authorities have sent charges to makers of phosphates used in animal feed for operating a potential cartel, an EU spokesman said Friday.

European Commission antitrust spokesman Jonathan Todd confirmed the investigation but declined to name the companies under scrutiny or comment further.

Belgian chemicals firm Tessenderlo Chemie NV (TESB.BT), a major producer of phosphates used in animal feed, said it was aware of the investigation but declined further comment.

And Norwegian chemical and fertilizer firm Yara International ASA (YAR.OS), which acquired the phosphates business of Finnish chemicals firm Kemira in 2007, said it is cooperating with the commission's investigation.

"We have been fully cooperating with the EU, and we are now awaiting the conclusions," a Yara spokesman said Friday.

-By Matthew Dalton, Dow Jones Newswires; +32 2 741 1487; matthew.dalton@dowjones.com

 
 

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