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Nokia now owns 91% of Alcatel-Lucent, merger underway


Back in April last year Nokia announced it will acquire Alcatel-Lucent for €15.6 billion (an all-stock deal).
Now the Finnish company has announced that it controls 91% of Alcatel-Lucent shares after the second round of the transaction. The two companies have already started combining operations.
Nokia will need 95% before it can complete the acquisition.


 By the way, "Alcatel" here is a different company than the one that makes the phones - those are made by TCL, which licenses the name.


Credit to GSMARENA
Nokia now owns 91% of Alcatel-Lucent, merger underway Nokia now owns 91% of Alcatel-Lucent, merger underway Reviewed by Anonymous on 5:28 PM Rating: 5

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