Ecolab (ECL) agrees to divest certain assets used by Champion Technologies that provide...

|About: Ecolab Inc. (ECL)|By:, SA News Editor

Ecolab (ECL) agrees to divest certain assets used by Champion Technologies that provide deepwater production chemical management services in the Gulf of Mexico, clearing the way for the companies to merge. Without the divestitures, the Justice Department said the merger would result in higher prices, reduced service quality and diminished innovation.