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General

Nokia shareholders approve Alcatel-Lucent takeover

Thursday 3 December 2015 | 08:44 CET | News
Shareholders of Nokia have approved the company's planned takeover of Alcatel-Lucent. At an extraordinary general meeting, they approved resolutions authorising Nokia to issue shares to pay for the takeover and changes to the company's Articles of Association and Board of Directors. This follows the earlier-than-expected receipt of all regulatory approvals for the acquisition and the launch of the French and US public exchange offers for Alcatel-Lucent shares. The deal is expected to close in the first quarter of 2016, with the only remaining condition a minimum amount of Alcatel-Lucent

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