CFIUS Approves Nokia’s Alcatel-Lucent Acquisition

Posted by at 11:40 am on September 15, 2015

nokia_logoNokia today said the Committee on Foreign Investment in the United States has approved its proposed acquisition of Alcatel-Lucent.

CFIUS’ approval was the last regulatory hurdle in the US, which has already been approved by the Justice Dept. Nokia and Alcatel-Lucent still have several other regulatory bodies to clear in other countries, as well as Nokia shareholders, but still believe the transaction will close during the first half of 2016.

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