Viscose fibre manufacturer Lenzing is making the best of the European Union's decision to block its sale by Bank Austria to CVC Capital Partners, who also own part of Acordis, a rival manufacturer. The EU's decision was taken on the basis that the merged entity would have had a global monopoly on lyocell, and would also have controlled a 55 per cent market share for standard viscose, and over 85 per cent for spundyed viscose and viscose for tampons.