Nokia says now expects Devices sale to close in April
STOCKHOLM – Finland’s Nokia stated on Monday it anticipated the H.A billion euro (R$N.S billion) sale of most of its Devices and Services enterprise to Microsoft will shut in April this yr.
Nokia had beforehand stated it anticipated the deal to shut within the first quarter of the yr.
Nokia stated the transaction nonetheless requires approvals from sure antitrust authorities in Asia that are nonetheless conducting their critiques.
“Nokia reiterates that ongoing tax proceedings in India haven’t any bearing on the timing of the closing or the fabric deal phrases of the anticipated transaction between Nokia and Microsoft,” the corporate stated in a press release.