French line CMA CGM's takeover of NOL is set to be approved by the European Union (EU).
EU competition regulators will okay the $2.4bn deal if the Singapore line pulls out of the G6 alliance, Reuters said, citing sources familiar with the matter.
CMA CGM has already said it will withdraw NOL's APL unit from the G6 group.
The French owner says NOL will be part of its Ocean Alliance announced this week with CoscoCS, Evergreen and OOCL.
NOL
