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General

Dept of Justice approves Nokia, Alcatel-Lucent merger

Thursday 18 June 2015 | 08:44 CET | News
Nokia and Alcatel-Lucent have announced that the US department of justice has granted early termination of the antitrust waiting period for Nokia's EUR 15.6 billion acquisition of Alcatel-Lucent. The companies said they are making good progress with regulatory approval processes in the remaining relevant jurisdictions, having already obtained clearances in Brazil and Serbia. The transaction still requires approval by Nokia shareholders, Nokia holding over 50 percent of Alcatel-Lucent's share capital on a fully diluted basis upon completion of the public exchange offer, further regulatory

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