EU OKs Nokia Siemens Networks To Buy Motorola Network Business
December 15 2010 - 7:14AM
Dow Jones News
The European Commission cleared Wednesday Nokia Siemens Networks
to acquire U.S. telecoms operator Motorola Inc.'s (MOT) networks
business.
"After examining the operation, the commission concluded that
the transaction would not significantly impede effective
competition," the commission, the European Union's antitrust
regulator, said in a statement.
Nokia Siemens Networks is a 50% joint venture between Siemens AG
(SI) and Nokia Corp. (NOK).
-By Alessandro Torello, Dow Jones Newswires; +32 2 741 14 88;
alessandro.torello@dowjones.com
Motorola (NYSE:MOT)
Historical Stock Chart
From Sep 2024 to Oct 2024
Motorola (NYSE:MOT)
Historical Stock Chart
From Oct 2023 to Oct 2024