keywords: reuters oracle eu orcl takeover
text: EU Likely to Clear Oracle Deal-Source  BRUSSELS (Reuters) - Oracle Corp &lt;A HREF="http://www.investor.reuters.com/FullQuote.aspx?ticker=ORCL.O target=/stocks/quickinfo/fullquote"&gt;ORCL.O&lt;/A&gt; is likely to win  clearance from the European Commission for its hostile takeover  of rival software firm PeopleSoft Inc. &lt;A HREF="http://www.investor.reuters.com/FullQuote.aspx?ticker=PSFT.O target=/stocks/quickinfo/fullquote"&gt;PSFT.O&lt;/A&gt;, a source close  to the situation said on Friday.