'NO CONCESSIONS YET' ON EXXON/MOBIL MERGER, SAYS COMMISSION.
The European Commission has categorically denied recent media speculation that its full-scale investigation into Exxon's proposed takeover of fellow US oil major Mobil will be wound up, following concessions made by either of the firms. On July 2, a spokesman for Competition Commissioner Karel Van Miert said "No concessions have been offered or made as a 'statement of objections' (from the Commission) has not even been sent yet". On June 9, the...
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