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General

EC approves Nokia, Alcatel-Lucent merger

Friday 24 July 2015 | 13:41 CET | News
Nokia said it has received approval from the European Commission for its pending acquisition of Alcatel-Lucent. The proposed transaction was cleared without conditions following a Phase 1 review. The approval follows previously disclosed antitrust clearances in Brazil and Serbia and the expiration of the antitrust review period in the US. Nokia and Alcatel-Lucent said they have also received further antitrust clearances from Albania, Canada, Colombia and Russia. Both companies will continue to cooperate with the remaining authorities to close their reviews as quickly as possible. The

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Categories: General
Companies: Alcatel-Lucent USA/FR / European Commission / European Commission / Nokia
Countries: Europe / World
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