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Ruling on Nokia-Alcatel Lucent deal by July 27

2015-06-22 16:32:10| Telecom - Topix.net

European Union competition regulators are scheduled to decide by July 27 whether to allow Finnish telecoms equipment maker Nokia to acquire French peer Alcatel-Lucent to become the number two player in the sector. Nokia, which unveiled the 15.6 billion deal in April, sought EU approval last Friday, the European Commission said on its website.

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