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 .
The EU has approved BASF's deal 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 alleviate the remaining issues concerning the €1.6bn ($1.8bn) agreement. The European Commission demanded that BASF balance the deal by making divestments of Solvay's manufacturing 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 acquisition by H2 2019.