Nokia acquires Alcatel-Lucent for 15.6 billion Euros
Nokia announced that it reached an agreement to buy Alcatel-Lucent for 15.6 billion Euros (about $16.6 billion) in a share exchange. In the end Alcatel-Lucent’s shareholders will own 33.5% of the combined share capital while Nokia’s shareholders will own the remaining 66.5%. The company involved is the “true” Nokia, not the Devices & Services unit sold to Microsoft in 2013.
