Friday 26 June 2015

Nokia to buy French rival Alcatel Lucent



The U.S. Department of Justice has given a green light to Nokia's deal to buy French rival Alcatel-Lucent, the two companies said on Wednesday.
"Early termination of the U.S. antitrust waiting period takes us one important step closer to the closing of the pending transaction," they added in a statement.
The transaction announced in April remains subject to approval by Nokia shareholders, and is expected to close in the first half of 2016.

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