Finnish networks company Nokia has announced a milestone in the progress of its acquisition of rival Alcatel-Lucent with the filing of a preliminary draft of its registration statement with the US Securities and Exchange Commission (SEC).

Scott Bicheno

August 17, 2015

1 Min Read
Nokia Alcatel Lucent

Finnish networks company Nokia has announced a milestone in the progress of its acquisition of rival Alcatel-Lucent with the filing of a preliminary draft of its registration statement with the US Securities and Exchange Commission (SEC).

The acquisition will involve a public exchange offering in both France and the US, hence the need to involve the SEC. Nokia is offering 0.55 of a Nokia share for every A-Lu one, although some investors have argued Nokia is getting too good a price.

The filing itself is a largely technical affair, replete with the kind of impenetrable, legalistic language that is apparently mandatory with such things. But there is also some “selected unaudited pro forma condensed combined financial information” that has not apparently been publicly disclosed previously, which seeks to paint a financial picture of the combined company, minus HERE, copied below for your convenience.

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About the Author(s)

Scott Bicheno

As the Editorial Director of Telecoms.com, Scott oversees all editorial activity on the site and also manages the Telecoms.com Intelligence arm, which focuses on analysis and bespoke content.
Scott has been covering the mobile phone and broader technology industries for over ten years. Prior to Telecoms.com Scott was the primary smartphone specialist at industry analyst Strategy Analytics’. Before that Scott was a technology journalist, covering the PC and telecoms sectors from a business perspective.
Follow him @scottbicheno

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