REGI - Renewable Energy Group receives European antitrust approval for sale to Chevron

Renewable Energy Group (NASDAQ:REGI) won European Commission approval for its planned $3.15 billion sale to Chevron (NYSE:CVX).  The Commission concluded that the proposed acquisition would raise no competition concerns, given the overlaps between the companies' activities are very limited and in any event do not affect the European Economic Area, according to a statement from the agency. Chevron (CVX) agreed to pay $61.50/share for  Renewable Energy (REGI) in late February.

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Renewable Energy Group receives European antitrust approval for sale to Chevron