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General

Nokia agrees EUR 15.6 bln bid for Alcatel-Lucent

Wednesday 15 April 2015 | 08:23 CET | News
Nokia and Alcatel-Lucent reached an agreement on the terms of their proposed merger. Nokia will offer 0.55 of its shares for each Alcatel-Lucent share, valuing the company at EUR 15.6 billion or EUR 4.27 per share. This is a premium of 28 percent to the average share price over the three months before the merger talks were announced. Alcatel-Lucent shareholders would own 33.5 percent of the new company, which will continue under the name Nokia. Nokia's current chairman and CEO, Risto Siilasmaa and Rajeev Suri, will continue to lead the company, and the new Nokia will remain headquartered in

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