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General

Nokia settles with last Alcatel-Lucent shareholders

Friday 16 December 2016 | 11:18 CET | News
Nokia said it's settled a lawsuit brought by minority shareholders of Alcatel-Lucent opposed to its squeeze-out offer for the company. The plaintiffs withdrew the complaint they filed before the Paris Court of Appeal in September against the decision of the French stock market authority AMF to allow the squeeze-out to go ahead. Nokia had proceeded with the squeeze-out anyway, but placed the acquired securities in a blocked account until the lawsuit was settled. As a result of this settlement, the shares and associated funds will now be releasedm and Nokia no longer has an obligation to

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Categories: General
Countries: France / World
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