Justice Department Requires Divestiture in Merger of Ecolab Inc. and Permian Mud Service Inc.
Justice Department Requires Divestiture in Merger
of Ecolab Inc. and Permian Mud Service Inc.
The Department of Justice has reached a settlement that will require Ecolab Inc. and Permian Mud Service Inc. to divest assets used by Permian’s subsidiary, Champion Technologies Inc., to provide production chemical management services in the U.S. Gulf of Mexico in order to proceed with their proposed merger.