DTI accepts undertakings on Coloplast / SSL International.

0 Comments | M2 Presswire, August, 2002

M2 PRESSWIRE-15 August 2002-UK Government: DTI accepts undertakings on Coloplast / SSL International (C)1994-2002 M2 COMMUNICATIONS LTD RDATE:08152002 DTI Minister Brian Wilson has accepted undertakings from Coloplast in relation to their completed acquisition of the continence care business of SSL International plc.

The undertakings require Coloplast to re-negotiate the terms of an agreement with the Mentor Corporation to act as exclusive distributor in the UK for the Clear Advantage brand of incontinence sheaths. Coloplast will negotiate to either divest the Clear Advantage brand or the brand and product. This follows the Competition Commission report of 14 June 2002, which concluded that the acquisition would be against the public...