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EU regulators to okay $6.4 bln Dixons, Carphone merger - sources

Tue, 17th Jun 2014 12:57

BRUSSELS, June 17 (Reuters) - EU antitrust regulators willclear the 3.8-billion-pound ($6.38 billion) merger of Britishmobile phone retailer Carphone Warehouse and electricalchain Dixons Retail without conditions, two peoplefamiliar with the matter said on Tuesday.

Carphone, Europe's biggest independent mobile phoneretailer, and Dixons, Europe's second largest electricalretailer, unveiled their proposed tie-up last month, seeking tocapitalise on the growing convergence of smartphones andconsumer electronics.

"The deal will be cleared unconditionally," said one of thepeople. (Reporting by Foo Yun Chee; Editing by Adrian Croft)

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