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EU approves Nokia acquisition of Alcatel-Lucent

2015-07-26 23:52:06| Telecom - Topix.net

The European Union has approved the 15.6 billion-euro acquisition of ailing French telecom company Alcatel-Lucent by Finland's Nokia Corporation following an investigation into whether the deal broke competition rules. The EU's executive Commission said Friday that there was enough difference between the two firms to not raise major competition concerns.

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