Bloomberg

(Bloomberg) -- Clariant AG has abandoned its planned acquisition of Kilfrost’s aircraft de-icing chemicals business in Europe after failing to get the blessing of U.K. regulators.

Clariant also cited “commercial reasons” for calling off the deal, the Muttenz, Switzerland-based company said in a statement Friday.

To contact the editor responsible for this story: Andrew Noël at anoel@bloomberg.net.

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