Nokia 2015 Annual Report Download - page 9

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Overview
07NOKIA IN 2015
August
August 3, 2015
Nokia announced the
agreement to sell its
HERE digital mapping
and location services
business to a German
automotive industry
consortium at an
enterprise value of
EUR 2.8 billion.
August 5, 2015
Nokia announced its
new stock symbol
trading code, NOKIA,
on Nasdaq Helsinki,
aspart of recognizing
Nokia’s 150th
anniversary.
September
September 10, 2015
Nokia was included
inthe Dow Jones
Sustainability Index
asrecognition
foritseconomic,
environmental and
social responsibility
initiatives.
October
October 7, 2015
Nokia announced the
planned leadership
and organizational
structure for the
combined Nokia
andAlcatel Lucent,
highlighting the
progress of preparing
the combined
company for unied
operations upon
closing of the
transaction.
October 21, 2015
Nokia announced that
all required regulatory
approvals were
received to allow
Nokiato proceed
withits acquisition
ofAlcatel Lucent.
October 29, 2015
Nokia announced a
EUR 7 billion capital
structure optimization
program consisting of
approximately EUR 4
billion in shareholder
distributions and
approximately
EUR 3 billion of
de-leveraging; and
announced that the
targeted annual
operating cost
synergies of EUR 900
million related to
theAlcatel Lucent
transaction are
expected to be
achieved in 2018,
oneyear ahead
oftheoriginally
announced schedule.
November
November 4, 2015
Nokia announced that
CDP, a leading global
organization working
with shareholders and
companies to disclose
greenhouse gas
emissions of major
corporations, gave
Nokia a perfect
scoreof 100 for its
disclosure of climate
change data and
retained Nokia in the
CDP Nordic Climate
Disclosure Leadership
Index for 2015.
Nokia Networks and
China Mobile Research
Institute announced
aMemorandum
ofUnderstanding
ontheir strategic
cooperation in
theevolution and
development of 5G.
December
December 2, 2015
Nokia’s shareholders
showed their
overwhelming support
for the acquisition of
Alcatel Lucent by an
astounding margin
of99.5% at the
Extraordinary General
Meeting.
December 4, 2015
Nokia announced the
closing of the sale
ofHERE to a German
automotive industry
consortium.
January 14, 2016
Nokia and Alcatel Lucent
celebrated their rst day
ofcombined operations,
markingthe completion of
Nokia’s latest transformation
and the creation of a
globalleader in technology
andservices for a
connectedworld.