Brief: Clariant Says Received Claim For Damages Against Four Companies
BRIEF-Clariant Says Received Claim For Damages Against Four Companies July 17 (Reuters) - Clariant AG CLN.S:
COMPANY RECEIVED ANOTHER CLAIM FOR DAMAGES AGAINST FOUR COMPANIES, INCLUDING CLARIANT, FROM DOW EUROPE WITH COURT OF DORTMUND, GERMANY
CLAIM ALLEGES DAMAGES AMOUNTING TO AROUND EUR 1.1 BILLION IN RELATION TO INFRINGEMENT OF COMPETITION LAW ON ETHYLENE PURCHASING MARKET
CLARIANT FIRMLY REJECTS ALLEGATION AND WILL ADAMANTLY DEFEND ITS POSITION IN PROCEEDINGS
CLARIANT HAS SUBSTANTIATED ECONOMIC EVIDENCE THAT CONDUCT OF PARTIES DID NOT PRODUCE ANY EFFECT ON MARKET
Source text: ID:nGNE4gvW3m
Further company coverage: CLN.S
((Reuters.Briefs@thomsonreuters.com;))