Nokia sees Microsoft deal closing this week

HELSINKI Mon Apr 21, 2014 8:49pm IST

A Nokia mobile phone lies on a tablet computer showing logos of Microsoft, in this illustration picture taken in Frankfurt, November 18, 2013. REUTERS/Kai Pfaffenbach/Files

A Nokia mobile phone lies on a tablet computer showing logos of Microsoft, in this illustration picture taken in Frankfurt, November 18, 2013.

Credit: Reuters/Kai Pfaffenbach/Files

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HELSINKI (Reuters) - Nokia (NOK1V.HE) said on Monday it expects the sale of its handset business to Microsoft (MSFT.O) to be finalised on April 25, as it had received all the required regulatory approvals.

The closure of the 5.4 billion euro ($7.5 billion) deal, which was agreed in September, had been delayed due to pending approvals, but earlier this month the companies won a crucial nod from Chinese regulators. [ID:nL6N0N00U4]

($1 = 0.7228 Euros)

(Reporting by Jussi Rosendahl; Editing by David Holmes)

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