Skadden and Simpson Thacher on call for £4.6bn Nokia sale to Microsoft

legalweek

Skadden Arps Slate Meagher & Flom and Simpson Thacher have taken the lead roles on Microsoft’s €5.44bn (£4.6bn) acquisition of Nokia’s mobile phone business.

The deal, through which Nokia will also license its patents to Microsoft, is expected to close in early 2014 and will see the transfer of around 32,000 Nokia staff to Microsoft.