Nokia expects to close the sale of its devices and services business to Microsoft on Friday, April 25.
Revealing the news on Monday, Nokia said that the transaction is now subject only to certain customary closing conditions.
The sale initially was, but Microsoft said last month that the deadline would be delayed as the transaction was still being reviewed by certain antitrust authorities in Asia. Announced last September, the deal will also give Microsoft .
Once the deal is complete, Microsoft plans to, according to a letter sent to suppliers obtained by Nokiapoweruser. The new subsidiary will also function as Microsoft's mobile devices division, the letter added.
Microsoft shares rose slightly by .2 percent, or 8 cents, to $40.09 on Monday