Nokia is now one step closer to acquire Alcatel-Lucent, as European Commission has provided its approval for the deal. Nokia is acquiring Alcatel-Lucent to create what it terms as an “Innovation Leader”. Nokia will pay EUR 15.6 billion through a public exchange offer in France and in the United States.
[embedit snippet="fluids"] Green signal has been given to Microsoft-Nokia's deal by two of the toughest regulators in the world. Earlier US department of justice and now European commission has provided their approvals. The notice of approval from the US Justice Department was posted on the Federal Trade Commission website. The European