European Union regulators on Monday are expected to approve Google Inc.'s (GOOG) $12.5 billion acquisition of Motorola Mobility (MM), Reuters reported Friday, citing people familiar with the matter.

The Wall Street Journal reported on Wednesday that the U.S. Justice Department is expected to approve the deal, possibly next week.

The acquisition, which was announced in August, still needs regulatory approval in China, Israel and Taiwan, Reuters said. In China, regulators have until March 20 to issue a decision on approving the transaction or reviewing it further, Reuters said, citing a source close to the situation.

Motorola and Google representatives declined to comment to Reuters, according to the report.

Full story at http://www.reuters.com/article/2012/02/10/motorola-google-europe-idUSL2E8DABSC20120210

-Dow Jones Newswires; 212-416-2900

 
 
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