On 27 April 2016, Finnish Competition and Consumer Authority (FCCA) approved the business transaction by which Boliden Mineral AB, a Swedish mining and smelting company, will acquire FQM Kevitsa Mining Oy.
The market shares of Boliden and Kevitsa Mining in the global mining markets are small, and there is no horizontal overlap in the parties' operations. The FCCA has concluded that the acquisition will not significantly impede effective competition or have any material negative impact on competition.
The FCCA's decision includes business secrets of the parties involved. The decision can only be published after all confidential information has been removed, which will take approximately two weeks.
Hanna Kaiponen, Senior Research Officer, tel. +358 29 505 3620