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BNP Paribas: Advisory on French Gov’s €350m Acquisition of ASN from Nokia Explained

BNP Paribas has advised Nokia on an agreement with the French government to sell Alcatel Submarine Networks (ASN), a leader in submarine networks, for €350 million.

BNP Paribas Exane expands US team, aiming for substantial growth in equity research with a focus on diverse market sectors. PHOTO: ALP/Shutterstock
BNP Paribas PHOTO: ALP/Shutterstock

This sale requires consultations with relevant employee representatives. This strategic move allows Nokia to streamline its portfolio, focusing on core areas and enhancing profitability. Retaining a 20%

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