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Nokia's Alcatel-Lucent Acquisition Clears CFIUS

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Sep 15, 2015, 8:12 AM   by Eric M. Zeman   @zeman_e

Nokia today said the Committee on Foreign Investment in the United States has approved its proposed acquisition of Alcatel-Lucent. CFIUS' approval was the last regulatory hurdle in the US, which has already been approved by the Justice Dept. Nokia and Alcatel-Lucent still have several other regulatory bodies to clear in other countries, as well as Nokia shareholders, but still believe the transaction will close during the first half of 2016.

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