The EU has approved BA 's bid to purchase Solvay 's nylon assets . The deal had been subject to anti - trust concerns , but the two companies have since committed to a remedy package which will resolve the remaining issues concerning the € 1.6bn ( $ 1.8bn ) agreement . The European Commission demanded that BASF balance the deal by making sales of Solvay 's core assets and innovation capabilities to a third party to prevent excessive market dominance by the company . However, the EU antitrust authorities had asked the company for divestments to stop it taking a dominant position in the market. A deal has since been agreed , clearing the path for the completion of the deal by June 2019 .
The EU has approved BA 's bid to purchase Solvay 's nylon assets . The deal had been subject to anti - trust concerns , but the two companies have since committed to a remedy package which will resolve the remaining issues concerning the € 1.6bn ( $ 1.8bn ) agreement . The European Commission demanded that BASF balance the deal by making sales of Solvay 's core assets and innovation capabilities to a third party to prevent excessive market dominance by the company . A deal has since been agreed , clearing the path for the completion of the deal by June 2019 .