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Ericsson acquisition of Marconi key assets approved by Marconi shareholders
December 21, 2005, 16:15 (CET)
Following the shareholder approval and the competition clearances, the acquisition of key assets remains conditional on current consultations with trade unions. The transaction is expected to be completed in January 2006.
The acquisition is to be effective as of January 1, 2006 and the acquired business is to be consolidated into Ericsson's accounts as from the first quarter of 2006.
Ericsson is shaping the future of Mobile and Broadband Internet communications through its continuous technology leadership. Providing innovative solutions in more than 140 countries, Ericsson is helping to create the most powerful communication companies in the world.
Read more at http://www.ericsson.com
The acquisition is to be effective as of January 1, 2006 and the acquired business is to be consolidated into Ericsson's accounts as from the first quarter of 2006.
Ericsson is shaping the future of Mobile and Broadband Internet communications through its continuous technology leadership. Providing innovative solutions in more than 140 countries, Ericsson is helping to create the most powerful communication companies in the world.
Read more at http://www.ericsson.com
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