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Nokia €15.6 billion acquisition of Alcatel-Lucent

4/1/2016
Public acquisition
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€ 15.6 billion

$ 16.539 billion

Completed

4/1/2016

Overview:

  • Finnish telecommunications company Nokia completed the acquisition of French company Alcatel-Lucent in a public exchange offer of €15.6 billion. 
  • The merged company is a European leader in the area of broadband, IP networking and cloud applications. 
  • The merged company has a market capitalisation of over $40 billion.
  • The merger was structured as an all share public exchange offer in France and in the US. 
  • Nokia will acquire all the issued shares to be issued shares and three OCEANE tranches of convertible bonds.
  • Nokia will look to list Nokia's shares on the NYSE Euronext Paris under the public exchange offer.

John Crabb - Journalist 

Jurisdictions:

United States
Ecuador
Finland
France

Deal type:

Public acquisition

Practice area:

M&A

Industry sector:

Technology and telecommunications

Firms:
Dittmar & Indrenius

Party: Alcatel-Lucent (Target)

Lawyers: Anders Carlberg, Jan Ollila

Latham & Watkins

Party: Alcatel-Lucent (Target)

Lawyer: Pierre-Louis Cléro

Pérez Bustamante & Ponce

Party: Nokia (Acquirer)

Lawyer: Diego Pérez-Ordóñez

Roschier

Party: Nokia (Acquirer)

Lawyer: Wilhelm Eklund

Skadden Arps Slate Meagher & Flom

Party: Nokia (Acquirer)

Lawyers: Arash Attar-Rezvani, Armand Grumberg

Sullivan & Cromwell

Party: Alcatel-Lucent (Target)

Lawyer: Gauthier Blanluet

Wachtell Lipton Rosen & Katz

Party: Zaoui (Financial adviser)

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