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2 days ago · Nokia believes the transaction has compelling financial and strategic merit. The combination with Infinera is projected to accelerate Nokia’s journey to a double-digit operating margin in its Optical Networks business. Nokia targets to achieve EUR 200 million of net comparable operating profit synergies by 2027*.
1 day ago · Infinera shares soared about 18% to $6.20 about 45 minutes before the opening bell Friday. American depositary receipts (ADRs) of Nokia were little changed. Shares of Infinera soared in premarket ...
1 day ago · With the divestiture, Nokia’s network infrastructure business group will have three units – fixed networks, internet protocol networks and optical networks. In January, Nokia reported that its ...
1 day ago · Nokia anticipates one-time integration costs of approximately €200 million related to the transaction. The acquisition, along with the recently announced sale of submarine networks, will reshape Nokia’s network infrastructure around three strong pillars: Fixed networks, IP networks, and optical networks.
1 day ago · Nokia will acquire Infinera Corp in a deal with an enterprise value of $2.3 billion, the companies said on Thursday, as the Finnish firm looks to expand its optical network business, especially in ...
1 day ago · Nokia NOKIA 1.53% agreed to acquire Infinera INFN 15.78% in a deal valued at $2.3 billion as it pins more resources to its optical-networks business. The Finnish maker of 5G cellular antennas and ...
2 days ago · COPENHAGEN (Reuters) - Nokia on Thursday said it had agreed to sell its submarine networks business ASN to the French state for 350 million euros ($374 million), but that the deal would not impact ...
