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Company News

EXCLUSIVE-EU to approve Iliad deal for Polish mobile group Play -sources

BRUSSELS/PARIS, Oct 14 (Reuters) - EU antitrust regulators are expected to clear French telecoms operator Iliad’s 3.5 billion euro ($4.11 billion) takeover of Polish mobile group Play, sources familiar with the matter said on Wednesday.

Iliad, Europe’s sixth-largest mobile operator, is controlled by French tycoon Xavier Niel and has been steadily expanding outside its home market in recent years, including in Ireland and Italy. ($1 = 0.8518 euros) (Reporting by Foo Yun Chee in Brussels and Mathieu Rosemain in Paris Editing by David Goodman )

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