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Nokia Shareholders Approve Sale to Microsoft

     
9:42 am on Nov 20, 2013 (gmt 0)

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The next phase completed.

Shareholders of the phonemaker Nokia have agreed to sell their mobile phone business to technology giant Microsoft for 5.4bn euros ($7.2 bn; 4.5bn).

The deal goes ahead despite objections from some investors who opposed the sale of a Finnish asset.

Regulators must clear the sale, but is expected to close early next year.Nokia Shareholders Approve Sale to Microsoft [bbc.co.uk]