Nokia sees Microsoft deal closing this week

21/04/2014 - 16:18

HELSINKI (Reuters) - Nokia said on Monday it expects the sale of its handset business to Microsoft to be finalized on April 25, as it had received all the required regulatory approvals.

The closure of the 5.4 billion euro ($7.5 billion) deal, which was agreed in September, had been delayed due to pending approvals, but earlier this month the companies won a crucial nod from Chinese regulators. ($1 = 0.7228 Euros)

(Reporting by Jussi Rosendahl; Editing by David Holmes)