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General

Nokia takes 80% of Alcatel-Lucent, starts integration

Monday 4 January 2016 | 09:18 CET | News
Nokia has successfully gained control of Alcatel-Lucent and wants to now quickly move forward with integration plans. Follow settlement of the offer on 7 January, Nokia will hold 79.32 percent of the share capital and at least 78.97 percent of the voting rights of Alcatel-Lucent. The numbers assume conversion of the Oceanes (ordinary shares, American depositary shares and convertible bonds) tendered into the offer. Nokia CEO Rajeev Suri said the merged company will from 14 January offer a combined end-to-end portfolio.

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