OFT closed case: Anticipated acquisition by Nokia Siemens Networks UK Limited of Apertio Limited
Affected market: Telecommunications
On 2 January 2008, NSN announced that it had entered into a share purchase agreement to acquire the entire issued share capital of Apertio. We received an informal submission on 18 January 2008 and the administrative deadline is 15 February 2008.
On the basis of the information available to it, the Office of Fair Trading has decided that the proposed acquisition of Apertio Limited by Nokia Siemens Networks Limited does not qualify for investigation under the mergers provisions of the Enterprise Act 2002 (the Act), because neither the UK turnover test nor the share of supply test in section 23 of the Act is met. A relevant merger situation has, therefore, not been created.