Lucent

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Finnish telecoms giant Nokia has gained control of nearly 80 percent of its French-American rival Alcatel-Lucent, France's stock market regulator said Jan. 4.

Nokia now holds around 76 percent of shares and voting rights in Alcatel under its public exchange offer, the French financial market authority, AMF, said in an interim report.

Nokia has struck a 15.6 billion euro deal to buy its rival Alcatel-Lucent to create the world's biggest supplier of mobile phone network equipment, both companies said April 15.
     
The Finnish telecom giant has agreed to give shareholders in its Franco-American rival 0.55 shares in the new merged company for every one of their own.
      

Finland's Nokia announced on April 14 that it was in advanced talks to purchase all of its Franco-American rival Alcatel-Lucent.

"Nokia and Alcatel-Lucent confirm that they are in advanced discussions with respect to a potential full merger, which would take the form of a public exchange offer by Nokia for Alcatel-Lucent," said a statement.