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EC Statement: Mergers - Commission approves acquisition of Greek airline Olympic Air by Aegean Airlines

( October 9, 2013, 09:45 GMT | Official Statement) -- MLex Summary: The European Commission has cleared plans by Aegean Airlines to acquire Greek rival Olympic Air, after concluding that the deal would have no “additional negative effect on competition.” The regulator conducted an in-depth investigation and found that the target would be forced out of business due to its difficult financial situation, if not purchased by Aegean.Full statement follows:...

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