Nokia in Espoo Finland, released the press on March 22 that Nokia Solutions and Networks Oy (the "Offeror"), a wholly-owned indirect subsidiary of Nokia Corporation, has on February 27, 2017 commenced a voluntary public cash tender offer to purchase all of the shares and option rights issued by Comptel Corporation ("Comptel") that are not owned by Comptel or any of its subsidiaries (the "Tender Offer").
The completion of the Tender Offer is subject to the satisfaction or, where permitted, waiver of the conditions to completion set out in the tender offer document, including receipt of necessary regulatory approvals.
The Offeror has today been informed that Nokia has received all necessary competition clearances for the completion of the Tender Offer. As the Offeror is not aware of any other regulatory approvals that are necessary to complete the Tender Offer, the condition to completion concerning the receipt of necessary approvals has thus been satisfied.
The completion of the Tender Offer is still subject to the other conditions to completion set out in the tender offer document.
The offer period under the Tender Offer expires on March 29, 2017, unless it will be extended in accordance with the terms and conditions of the Tender Offer.
