Reuters logo
UPDATE 1-Nokia says controls 88 pct of all Comptel shares, continues offer
March 30, 2017 / 1:41 PM / 6 months ago

UPDATE 1-Nokia says controls 88 pct of all Comptel shares, continues offer

(Adds Nokia quote, background)

March 30 (Reuters) - Finnish telecoms equipment maker Nokia on Thursday announced preliminary results of its tender offer for Finnish telecom software company Comptel .

* Nokia said shares tendered in the offer represent approximately 88 percent of all shares and votes in Comptel, and 83 percent on fully diluted basis, as defined in its offer.

* Nokia needs 90 percent of all shares to complete the acquisition.

* “We look forward to completing this offer in the coming days, and taking the next steps to finalize the transaction,” said Nokia’s Chief Financial Officer Kristian Pullola said in a statement.

* Nokia said it will confirm the final results of its bid around April 3 Source text for Eikon: Further company coverage: (Helsinki Newsroom; Editing by Simon Johnson)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below