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General

Nokia goes ahead with Alcatel-Lucent squeeze-out

Tuesday 25 October 2016 | 17:28 CET | News
Nokia announced it's going ahead with the squeeze-out of remaining Alcatel-Lucent minority shareholders, after receiving approval from the French stock market authority for continuing with the plan. The public buy-out offer period will end on 31 October, and the squeeze-out will be implemented on 2 November. The legal challenge filed against the AMF's clearance decision for the offer is still pending, and Nokia said the court is expected to issue a decision during the first quarter of 2017. Nokia believes that the offer complies with all applicable laws and regulations and that the legal

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