Nokia Moves To Finalise Acquisition Of Alcatel-Lucent

Helsinki: Finnish telecom equipment giant Nokia announced on Thursday a plan to complete the acquisition of its former rival, French-American Alcatel-Lucent during the third quarter. The world's former top mobile phone maker had gained control of 80 per cent of Alcatel-Lucent's shares by January but has struggled to mop up the remaining shareholders to gain full control of the company. Nokia said today it was settling the ownership...