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China gives conditional approval to Nokia-Alcatel deal

Media people attend a news conference with Nokia and Alcatel-Lucent in Paris April 15, 2015.

China's Ministry of Commerce on Monday approved Nokia's proposed acquisition of French rival Alcatel-Lucent with conditions, almost completing the 15.6 billion euro ($17.6 billion) deal's antitrust process.

The ministry said the Finnish telecom network equipment maker had agreed to meet certain terms by Dec...