NOKIA
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22 Apr 2014 , 12:55
Nokia said on Monday that it expects the EUR 5.44 billion deal with Microsoft for sale of its Devices & Services to conclude on April 25 and expressed the hope it would continue to operate the disputed Chennai plant under a service agreement.
“Nokia today announced that it expects the transaction whereby the company will sell substantially all of its Devices & Services business to Microsoft to close on April 25, 2014. The transaction is now subject only to certain customary closing conditions,” Nokia said in a statement.