microsoft nokiaA few days ago, Nokia’s shareholders got together to approve the Microsoft-Nokia deal which would see Nokia’s cellphone division acquired by Microsoft for $7.17 billion as well as take up residence in Nokia’s offices in Finland. Of course this is just one of the many hurdles that Microsoft and Nokia will have to endure and will need to seek approval from other regulatory bodies before proceeding, such as the EU, for example. Well the good news is that according to a report from Reuters, they claim that the EU is expected to give the Microsoft-Nokia the greenlight as well, although as it stands this is not official yet.

This is according to people familiar with the matter, who claims, “The (European) Commission is expected to clear the deal without conditions.” Neither the EU nor Microsoft and Nokia have commented on the issue, although with a deadline set for the 4th of December, we guess we won’t have to wait much longer to see if this pans out. As it stands other regulatory bodies from Russia, India, Turkey, and Israel have pretty much given the deal their blessing, so safe to say it looks like this is almost a done-deal.

Filed in Cellphones . Tags: Microsoft and Nokia.
User Comments