The transaction announced in April remains subject to approval by Nokia shareholders
All share transaction will be on the basis of 0.55 of a new Nokia share for every share of Alcatel-Lucent
Oslo: The US 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 US 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.
( Source : reuters )
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