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 |…

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