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Europe Daily Bulletin No. 10562

28 February 2012
ECONOMY - FINANCE - BUSINESS / (ae) competition
Three mergers authorised under simplified procedure

Brussels, 27/02/2012 (Agence Europe) - On Monday 27 February, the European Commission authorised three merger operations, which it examined under the simplified examination procedure.

The Belgian oil company PetroFina S.A. (of the French group Total) is authorised to buy the stakes held by the American oil group ExxonMobil in the processing company Fina Antwerp Olefins N.V. (FAO), which owns three naphtha crackers, satellite units and logistics; it produces base chemicals (ethylene and...

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