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Best mortgage deals of the week

As possibility of multiple interest rate cuts dwindle here's what banks and building societies are offering

Ireland's Kingspan wins EU okay for 315 mln euro Belgian buy

Reuters - UK Focus

BRUSSELS, March 16 (Reuters) - Irish building products group Kingspan secured European Union regulatory approval on Monday for its planned 315-million-euro ($333.2 million) takeover of Belgian insulated panel maker Joris Ide Group.

The European Commission said the deal would not hurt competition due to the presence of rivals such as ArcelorMittal (Other OTC: AMSYF - news) and Tata Steel (BSE: TATASTEEL.BO - news) in northwestern Europe.

"The merged entity will continue to face sufficiently strong competition after the merger and customers will still have sufficient alternative suppliers in all markets concerned," the EU antitrust authority said in a statement.

($1 = 0.9453 euros) (Reporting by Foo Yun Chee; editing by Philip Blenkinsop)