According to reports, Chinese regulators have approved Nokia Corp. (NYSE:NOK) Siemens Networks’ planned acquisition of most of Motorola Solutions Inc.’s network equipment assets.
Nokia Corp. (NYSE:NOK) Siemens Networks, the joint venture between Finland’s Nokia Corp. (NYSE:NOK) and Germany’s Siemens, agreed to buy the bulk of Motorola’s network equipment business for $1.2 billion in July last year, but the deal has been awaiting approval from China’s Ministry of Commerce.
Nokia Corp. (NYSE:NOK) shares are currently standing at 8.63.
Price History
Last Price: 8.63
52 Week Low / High: 7.73 / 13.16
50 Day Moving Average: 8.73
6 Month Price Change %: -20.7%
12 Month Price Change %: -43.4%
Nokia Corp. (NYSE:NOK) Siemens Networks, the joint venture between Finland’s Nokia Corp. (NYSE:NOK) and Germany’s Siemens, agreed to buy the bulk of Motorola’s network equipment business for $1.2 billion in July last year, but the deal has been awaiting approval from China’s Ministry of Commerce.
Nokia Corp. (NYSE:NOK) shares are currently standing at 8.63.
Price History
Last Price: 8.63
52 Week Low / High: 7.73 / 13.16
50 Day Moving Average: 8.73
6 Month Price Change %: -20.7%
12 Month Price Change %: -43.4%
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