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Message: <blockquote data-quote="deanXX" data-source="post: 20873179" data-attributes="member: 492830"><p style="text-align: center">[ATTACH]66775[/ATTACH]</p><p></p><p></p><p><span style="font-size: 10px"><strong><span style="color: Black">HELSINKI: Finnish telecoms giant Nokia on Wednesday said it had finalised its acquisition of former French-American rival Alcatel-Lucent.</span></strong></span></p><p><span style="font-size: 10px"><strong><span style="color: Black"></span></strong></span></p><p><span style="font-size: 10px"><strong><span style="color: Black">Nokia, the world’s number one mobile phone maker for more than a decade until 2012, had struck a deal to buy the other firm in April 2015 but has struggled to buy up the remaining shares to gain full control of the company.</span></strong></span></p><p><span style="font-size: 10px"><strong><span style="color: Black"></span></strong></span></p><p><span style="font-size: 10px"><strong><span style="color: Black">By January it held a controlling interest of around 76 per cent, but a public exchange offer to buy the rest dragged on as small shareholders held out for a better price.</span></strong></span></p><p><span style="font-size: 10px"><strong><span style="color: Black"></span></strong></span></p><p><span style="font-size: 10px"><strong><span style="color: Black">“The closing of the deal today, marked by the purchase of all outstanding Alcatel-Lucent shares, means Nokia will now start eliminating the complexity and costs of running two separate public companies,” Nokia said in a statement.</span></strong></span></p><p><span style="font-size: 10px"><strong><span style="color: Black"></span></strong></span></p><p><span style="font-size: 10px"><strong><span style="color: Black">Nokia has been going through a process of radical transformation over the last few years.</span></strong></span></p><p><span style="font-size: 10px"><strong><span style="color: Black"></span></strong></span></p><p><span style="font-size: 10px"><strong><span style="color: Black">Published in Dawn, November 3rd, 2016 via AFP </span></strong></span></p></blockquote><p></p>

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