Exclusive: EU set to clear Nokia's $2.3 bln Infinera deal without conditions, sources say
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The EU antitrust regulators are expected to approve Nokia's $2.3 billion acquisition of Infinera without any conditions. This deal involves the acquisition of the U.S. optical semiconductors and networking equipment maker by Nokia.
February 14, 2025 | 5:00 pm
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POSITIVE IMPACT
Infinera is set to be acquired by Nokia for $2.3 billion, with EU regulators expected to approve the deal without conditions. This could positively impact Infinera's stock in the short term.
The approval of the acquisition without conditions suggests a smooth transition, which is generally positive for the stock price of the company being acquired. Infinera's shareholders may see this as a favorable outcome, leading to a potential short-term increase in stock price.
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IMPORTANCE 80
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