The EU Commission clears the acquisition of a nitrogen producer by a rival (Borealis NITRO / AGROFERT)

Mergers: Commission clears acquisition of Borealis NITRO by AGROFERT* The European Commission has approved unconditionally, under the EU Merger Regulation, the acquisition of the nitrogen business of Borealis AG (‘Borealis NITRO') by AGROFERT Group (‘AGROFERT'). The Commission concluded that the transaction would raise no competition concerns in the European Economic Area (‘EEA'). Borealis AG and AGROFERT are both active in the agricultural and chemical sectors. They compete in the production and sale of nitrogen fertilizers, AdBlue liquid and other technical nitrogen products. The Commission's