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Ecolab, Department of Justic Reach Deal over Champion

$2.3 billion acquisition is expected to close by end of week.

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By: TOM BRANNA

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Ecolab Inc. has entered into a consent agreement with the U.S. Department of Justice (DOJ), which has been filed in the US District Court for the District of Columbia. As a result, Ecolab expects to complete the Champion acquisition within the next several days. The consent agreement with the DOJ requires Ecolab to take certain steps to ensure continued independent competition utilizing Champion technology for deepwater Gulf of Mexico en...

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