BERLIN, Aug 29 (Reuters) - Telefonica Deutschland has received final clearance from the European Commission to buythe German business of Dutch peer KPN to createGermany's largest telecoms operator in terms of customers.
Telefonica Deutschland had in June agreed a deal with smallrival Drillisch, which was expected to pave the wayfor regulatory clearance for the 8.6 billion euro ($11.3billion) takeover of the unit, which operates under the E-Plusbrand.
The new combination will have a market share of roughly 30percent and Telefonica is hoping it will give it more clout inits battle with Vodafone and Deutsche Telekom.
Telefonica Deutschland said on Friday it expected the dealwill be closed in the third quarter of 2014.
($1 = 0.7587 euro) (Reporting by Victoria Bryan; Editing by Maria Sheahan)