Infinera Soars After $2.3 Billion Deal to Be Acquired by Nokia
INFNInfinera(INFN) Investopedia·2024-06-28 21:36

Key Takeaways Shares of Infinera soared in premarket trading Friday, a day after the optical networking solutions company agreed to be acquired by Nokia for $2.3 billion. The deal is set to close in the first half of next year. Nokia said it expects savings in the hundreds of millions of euros by 2027 as the companies integrate their tech and services. Shares of Infinera (INFN) soared in premarket trading Friday, a day after the optical networking solutions company agreed to be acquired by Finnish telecommu ...