#7-4-billion

Nokia wins Chinese approval for Microsoft deal

By Sakari Suoninen HELSINKI (Reuters) – Nokia has won approval from Chinese competition authorities to sell its mobile phone business to Microsoft Corp without having to change its main technology patent practices, it said on Tuesday. The Finnish company agreed in September to sell its flagship business to Microsoft in a 5.4 billion euro ($7.4 billion) deal. Nokia's announcement on Tuesday sent …

Nokia gets Chinese approval to sell phone business to Microsoft

Nokia has received approval from Chinese authorities to sell its mobile phone business to Microsoft Corp, it said on Tuesday, and added there had been no request for it to change its patent practices. Nokia agreed in September to sell the business to Microsoft in a 5.4 billion euro ($7.4 billion) deal.

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Nokia's Microsoft Deal Delayed by Regulators

Nokia revealed the $7.4 billion sale of its devices and services division to Microsoft is being delayed several weeks as the companies await regulatory approval in Asia.

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