Exxon, Mobil confirm approval of merger by European CommissionCompanies must divest assets in certain market segments including gasoline stations, fuels, lubricant base oil manufacturing, pipeline capacity Petroleum News Alaska
Exxon Corp. and Mobil Corp. confirmed Sept. 29 that the European Commission has approved the merger of the two companies. The companies said they have accepted the terms and conditions included in the agreement with the commission and will comply with them fully and on a timely basis.
Under the Eur....
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Divestitures required Some pipeline capacity must be sold EC approval a major step
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