CFIUS Clears Nokia/Alcatel-Lucent

The Committee on Foreign Investment in the U.S. approved Nokia's proposed buy of Alcatel-Lucent, Nokia said in a news release Monday. Nokia received approval of the transaction from the European Commission in July (see 1507240023) and said it's still waiting for approval from a "few remaining antitrust authorities in the relevant jurisdictions." The acquisition is expected to close in the first half of 2016, Nokia said.