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Nokia Corporation (NYSE:NOK) Plans to Acquire Alcatel-Lucent Bonds Convertible Into New Shares

Nokia Corporation (NYSE:NOK) [Trend Analysis] regains street interests, as shares collapsed -1.89% on Friday and it traded at $5.18. The 52-week high of the share price is -32.11% and 52-week low of the share price is -1.33%.

Nokia (NOK) plans to acquire 72 994 133 of the EUR 688 425 000.00 Alcatel-Lucent bonds convertible into new Alcatel-Lucent shares or exchangeable for existing Alcatel-Lucent shares due on January 30, 2019 and 19 943 533 of the EUR 460 289 979.90 Alcatel-Lucent bonds convertible into new Alcatel-Lucent shares or exchangeable for existing Alcatel-Lucent shares due on January 30, 2020. Nokia has agreed to acquire the OCEANEs through a privately negotiated transaction in consideration for an aggregate cash payment of EUR 418 949 438.33. The settlement of the transaction is...


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