Nokia Confirms Advanced Takeover Talks With Alcatel-Lucent

April 14, 2015 10:37 AM

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Nokia and Alcatel-Lucent confirm that they are in advanced discussions with respect to a potential full combination, which would take the form of a public exchange offer by Nokia for Alcatel-Lucent,” Nokia said in an official statement.

It added there was still a chance the talks would fall apart. The deal would be Nokia’s biggest-ever acquisition, valuing Alcatel-Lucent at around $13 billion.

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