Nokia hits 90% mark in Comptel tender offer

|About: Nokia Corporation (NOK)|By:, SA News Editor

Nokia Solutions and Networks (NOK -1%) has completed a tender offer for Comptel with about 90.51% of shares tendered.

That makes up 85.3% of shares and votes on a fully diluted basis. With the ownership exceeding nine-tenths, Nokia's entitled to redeem remaining Comptel shares.

Nokia's extending the offer period to allow remaining shareholders to accept the offer, starting tomorrow and expiring April 19.