Nokia acquires Alcatel-Lucent

France’s stock market regulatory body, AMF, has stated in a provisional report that Finnish telecom group Nokia’s $17 billion all-share offer for French-American rival Alcatel-Lucent has been successful. The report stated that the minimal condition for Nokia to control at least 50 per cent of shares and voting rights have been satisfied. The final results with regard to offers in finance and the US will be published in February 2016. Nokia’s acquisition of Alcatel was first announced in April 2015. Starting mid-January 2016, Nokia and Alcatel-Lucent will offer a combined end-to-end portfolio of the scope and scale to meet the needs of its global customers.