Microsoft now expects to close $7.2B deal to buy Nokia’s Devices & Services division in April
Mar24
When Microsoft announced plans to buy Nokia’s Devices & Services division for $7.2 billion in September, it foresaw the deal closing during the first quarter of 2014. It’s not going to happen inside that time-frame, however, as statements from the Finnish company and Microsoft explain that it should close in April. Microsoft says the delay is because it is awaiting approval from anti-trust organizations in Asia: We are nearing the final stages of our global regulatory approval process – to date we have received approvals from regulatory authorities in 15 markets on five continents. Currently, we are awaiting approval confirmation in the…
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