Nokia- Alcatel Lucent deal: General information

Summary of the possible combined company
Rajeev Suri, president and chief executive officer of Nokia.
Rajeev Suri, president and chief executive officer of Nokia.


Nokia and Alcatel Lucent are in talks to merge. Check some general information about the transaction below:



The new company will be called Nokia Corporation.

The company headquarters will be in Finland and it will have a strong presence in France.

Risto Siilasmaa is planned to serve as chairman, and Rajeev Suri as chief executive officer. There will be a combined company's board of directors. It is planned to have nine or ten members, including three members from Alcatel-Lucent, one of whom would serve as vice chairman.

The proposed transaction is expected to close in the first half of 2016.

The offer values Alcatel-Lucent at EUR 15.6 billion on a fully diluted basis.

Alcatel-Lucent shareholders would own 33.5% of the fully diluted share capital of the combined company, and Nokia shareholders would own 66.5%, assuming full acceptance of the public exchange offer.

Alcatel-Lucent's Bell Labs and Nokia's FutureWorks, as well as Nokia Technologies, will stay as separate entities with a clear focus on licensing and the incubation of new technologies.

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