EU okays MOL, Normeston joint buy of energy trader

Mon Dec 14, 2009 4:23am EST

(Corrects dateline to Dec 14)

BRUSSELS Dec 14 (Reuters) - European Union competition regulators on Monday cleared the joint takeover of MOL Energy Trade Ltd (MET) by Hungarian energy company MOL MOLB.BU and privately owned oil trader Normeston Trading Ltd.

The executive European Commission said the deal would not significantly impede competition in Europe. (Reporting by Foo Yun Chee)

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