Nokia, Microsoft deal soon

Nokia said on Monday it expects the sale of its handset business to Microsoft to be finalized on April 25, as it had received all the required regulatory approvals.

>>Reuters
Published : 22 April 2014, 05:20 AM
Updated : 22 April 2014, 05:20 AM

The closure of the 5.4 billion euro ($7.5 billion) deal, which was agreed in September, had been delayed due to pending approvals, but earlier this month the companies won a crucial nod from Chinese regulators. ($1 = 0.7228 Euros)