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Nokia expects Microsoft deal to close soon

Apr 21, 2014, 12:49 PM EDT
David Ramos/Getty Images

The sale of Nokia's handset business to Microsoft for $7.2 billion encountered some regulatory obstacles in the beginning, but received approval from Chinese regulators in April that has sped the deal's closure process.

Background:

Nokia sees Microsoft deal closing this week [Reuters]

Microsoft to close its acquisition of Nokia’s devices and services business on April 25 [Economic Times]

Microsoft acquisition of Nokia's mobile business to be finalized on April 25 [ZDNet]