Nokia Alcatel-Lucent acquisition progresses with SEC filing

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.

Nokia alu sec table 1

Nokia alu sec table 2



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