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Thursday, September 11, 2014

EU mergers and takeovers (Sept 11), (NYSE: MRO)

The following are mergers under review by the European Commission and a brief guide to the EU merger process: APPROVALS AND WITHDRAWALS-- U.S. chemical maker Huntsman Corp to acquire U.S. peer Rockwood Holdings's titanium dioxide pigments business (approved Sept. 10)-- Norwegian energy firm Det Norske Oljeselskap to purchase Marathon Oil Corp's Norwegian business (approved Sept. 10)

Marathon Oil Corporation (Marathon Oil) is an international energy company engaged in exploration and production, oil sands mining and integrated gas with operations in the United States, Angola, Canada, Equatorial Guinea. Shares of MRO fell by 0.1% or $-0.04/share to $40.02. In the past year, the shares have traded as low as $31.57 and as high as $41.92. On average, 5577300 shares of MRO exchange hands on a given day and today's volume is recorded at 6324037.