Statoil Fuel and Retail has been granted antitrust approval for its acquisition of Shell’s Danish retail and wholesale fuel business.
The move comes after the company agreed it would sell some businesses to allay competition concerns.
The European Commission had previously expressed concerns the deal could have led to Danish consumers paying more for their fuel as well as diesel, gasoline and light heating oil.
Statoil Fuel and Retail currently operates in Denmark under the Statoil brand but is controlled by Canadian company Alimentation Couche-Tard.
It received the EU green light after pledging to sell 205 petrol stations as well as Shell’s commercial fuels business.
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