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20-11-2013, 03:34 PM
Nokia-Microsoft deal gets approval
HELSINKI — Nokia shareholders approved the US$7.4 billion (S$9 billion) sale of the company’s mobile phone business to Microsoft, deciding the deal’s financial benefits outweighed any objections to the loss of a Finnish national asset.
Investors holding more than 99 per cent of Nokia voting rights supported the deal, according to a final tally at yesterday’s (Nov 19) shareholders meeting in Helsinki. The sale is expected to close in the first quarter of next year after regulatory clearances.
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http://www.todayonline.com/tech/nokia-mi...s-approval
HELSINKI — Nokia shareholders approved the US$7.4 billion (S$9 billion) sale of the company’s mobile phone business to Microsoft, deciding the deal’s financial benefits outweighed any objections to the loss of a Finnish national asset.
Investors holding more than 99 per cent of Nokia voting rights supported the deal, according to a final tally at yesterday’s (Nov 19) shareholders meeting in Helsinki. The sale is expected to close in the first quarter of next year after regulatory clearances.
...
http://www.todayonline.com/tech/nokia-mi...s-approval
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