Canada to wait on Nortel-Ericsson deal review
OTTAWA, July 29 |
OTTAWA, July 29 (Reuters) - Canada will not make a decision on whether to review Nortel Networks' NRTLQQ.PK $1.13 billion sale of wireless assets to Sweden's Ericsson (ERICb.ST) until after a 21-day appeal period is complete, Canadian Industry Minister Tony Clement said on Wednesday.
Clement made the comments to reporters in Ottawa.
He also said Canada's fiscal deficit will end when the economy picks up speed. (Reporting by Louise Egan, writing by Cameron French; editing by Peter Galloway)
- Tweet this
- Link this
- Share this
- Digg this
- Reprints
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.
Follow Reuters