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. Source |...



Source: http://www.gsmarena.com/nokia_now_owns_91_of_alcatellucent_merger_underway-news-16549.php

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