Nokia completes its sale of leading submarine networks business, ASN (Alcatel Submarine Networks), to the French State [Yahoo! Finance]
Infinera Corporation (INFN)
Last infinera corporation earnings: 2/25 04:03 pm
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Source: Yahoo! Finance
Nokia announced the sale of ASN on 27 June 2024. The transaction allows Nokia to focus the portfolio of its Network Infrastructure business group while positioning ASN strongly to build on the transformation achieved while part of Nokia Focuses the portfolio of the Network Infrastructure business group. Ensures continued development of a strategic, market-leading French and European business. Nokia will retain a 20% shareholding and board representation until targeted exit to ensure a smooth transition. 3 January 2025 Espoo, Finland – Nokia today announces that it has concluded the sale of Alcatel Submarine Networks (ASN), a leading submarine networks business, to the French State, represented by the Agence des participations de l'Etat. The transaction was completed on 31 December 2024. Nokia retains a 20% shareholding with board representation to ensure a smooth transition until targeted exit, at which point it is planned for the French State to acquire Nokia's remaining i
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INFN
News
- Nokia CEO on Why He Wants to Put 5G in Soldiers' Backpacks [Yahoo! Finance Canada]Yahoo! Finance Canada
- Nokia CEO on Why He Wants to Put 5G in Soldiers' Backpacks [Yahoo! Finance]Yahoo! Finance
- Nokia Board of Directors resolved on issuing shares without consideration to the company and a subsequent directed issuance related to the planned completion of the Infinera Corporation acquisition [Yahoo! Finance]Yahoo! Finance
- Infinera Co. (NASDAQ: INFN) was downgraded by analysts at B. Riley from a "strong-buy" rating to a "hold" rating.MarketBeat
- Infinera Co. (NASDAQ: INFN) had its "neutral" rating re-affirmed by analysts at Rosenblatt Securities. They now have a $6.65 price target on the stock.MarketBeat
INFN
Earnings
- 5/14/24 - Miss
INFN
Sec Filings
- 12/6/24 - Form 4
- 12/6/24 - Form 4
- 12/6/24 - Form 4
- INFN's page on the SEC website