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EU regulators to decide on Carphone, Dixons deal by June 25

Mon, 19th May 2014 09:19

BRUSSELS, May 19 (Reuters) - European Union antitrustregulators will decide by June 25 whether to clear the3.8-billion-pound ($6.40 billion) merger of British mobile phoneretailer Carphone Warehouse and Dixons Retail,the European Commission said on Monday.

The companies announced a deal last week aimed atcapitalising on the growing convergence of smartphones andconsumer electronics.

Carphone, Europe's biggest independent mobile phone retailerand Dixons, the second-largest electronics retailer in Europewith operations in Britain, the Nordics and Greece, sought EUapproval on May 16.

The filing was published on the Commission's website.

($1 = 0.5942 British Pounds) (Reporting by Foo Yun Chee; editing by Jason Neely)

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