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General

CFIUS clears Nokia, Alcatel-Lucent merger

Monday 14 September 2015 | 10:39 CET | News
The Committee on Foreign Investment in the US (CFIUS) has given its clearance to Nokia's proposed acquisition of Alcatel-Lucent. The deal previously received antitrust clearance from the Department of Justice and have now received the required approvals for the transaction in the US. Nokia and Alcatel-Lucent will continue to work closely with the few remaining antitrust authorities in the relevant jurisdiction to conclude their reviews as quickly as possible. The merger remains subject to Nokia shareholders' approval and is expected to close in the first half of 2016.

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Categories: General
Companies: Alcatel-Lucent USA/FR / Nokia
Countries: United States / World
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