NEW DELHI/HELSINKI: Nokia has won an appeal to release a local factory seized by authorities in a tax dispute, allowing the transfer of the plant as part of the sale of its mobile phone business to Microsoft.
The plant in Chennai is one of Nokia's biggest phone-making factories. Nokia had appealed its seizure and was trying to resolve the dispute ahead of the closure of the 5.4bil euro (RM24.03bil) Microsoft deal.
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