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EU Commission OKs C2X, CP Industrial's Proposed JV

MT Newswires·08/24/2026 06:07:10
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06:07 AM EDT, 08/24/2026 (MT Newswires) -- The European Commission approved the creation of a joint venture by UK-based C2X and Hong Kong-based CP Industrial Capital Management Co. The regulator said Monday the deal, primarily related to the green methanol sector, will not raise competition concerns due to its limited impact on the European Economic Area.