Nokia Siemens Says Received China Approval for Motorola Deal
April 21, 2011, 5:59 AM EDTBy Diana ben-Aaron
April 21 (Bloomberg) -- Nokia Siemens Networks said it has received unconditional approval from China’s Ministry of Commerce for its acquisition of assets from Motorola Solutions Inc., removing the last major block to the deal.
“There are still a few conditions relating to the legal niceties that need to be fulfilled,” Nokia Siemens spokesman Ben Roome said by telephone. The company aims to close the eal on April 29, he said.
To contact the editor responsible for this story: Diana ben-Aaron at dbenaaron1@bloomberg.net
