" Nokia " expects to complete the acquisition with " Microsoft " in next April
http://walkprod.blogspot.com/2014/03/nokia-expects-to-complete-acquisition.html
She said the company " Nokia " it expects to complete the acquisition agreements between them and the
company , " Microsoft " in the month of April / May next year.
The " Nokia " previously announced that it expects to complete the acquisition of the company " Microsoft " on the mobile sector and has valued at $ 7.5 billion , during the first quarter of this year , which expires at the end of March / March.
It is incumbent upon the two companies to complete the transaction to obtain the approval of regulators around the world , especially in markets that are planning to work within it.
She said the company " Nokia " in her statement , she has been able so far to obtain the approval of the European Commission and the U.S. Justice Department , which is now in talks with regulators in Asia .
For his part, said , " Brad Smith ," General Counsel to the " Microsoft " on the company's website , " We are approaching the final stages of the process of obtaining approvals regulators around the world ," and added , " now look to confirm authentication in end markets ."
The reason for the delay in completion of the transaction to issue a list of " Nokia " and the Indian authorities , where the company last week to pay $ 414 million tax demanded by the authorities in India , after the Supreme Court's decision in India should be paying , " Nokia " the amount of 571 million dollars as collateral before the transfer of ownership of the plant , located in the city, " Chennai " Indian " Microsoft " .
It is not a deal between the " Nokia " and " Microsoft ", which was announced in September / September exception in terms of the length of time , it needed a " Microsoft " five months to complete the deal to buy the chat service " Skype " in 2011 .
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