Nokia has announced that it has received
approval from the European Commission for its pending acquisition of
Alcatel-Lucent. The proposed transaction was notified to the European
Commission on 19 June and was approved without conditions following
a Phase 1 review.
Clearing of the purchase by the European Commission followed previously
disclosed antitrust approval procedures in Brazil and Serbia and the expiration of the
antitrust review period in the United States. In addition, the parties
confirmed that they had received further antitrust clearances from Albania,
Canada, Colombia and Russia.
