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South Africa: Officials make nation latest to clear Microsoft’s Nokia buy

By  |  February 19, 2014

South Africa became the latest nation to unconditionally approve of Microsoft’s planned acquisition of Nokia’s handset operations, following in the footsteps of the US, EU and other nations.

The Competition omission cleared the deal and announced its decision Tuesday. According to reports, the regulator found “it was unlikely to raise significant competition or public interest concerns.

The companies announced the transaction for nearly $7.5 billion.

Full Content: Business Report

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