Chinese regulators have approved Nokia’s planned sale of its devices business to Microsoft, taking the $7.2 billion deal one step closer to closing.

TechCrunch

Chinese regulators have approved Nokia’s planned sale of its devices business to Microsoft, taking the $7.2 billion deal one step closer to closing.

Nokia said today it has received regulatory approval from the Ministry of Commerce of the People’s Republic of China.

Nokia and Microsoft have now received regulatory approvals from the People’s Republic of China, the European Commission, the U.S. Department of Justice and numerous other jurisdictions. Nokia and Microsoft continue to expect the transaction to close during April 2014, as communicated in our press release from March 24, 2014,” it said in a statement.

Last month the two companies said they expected the deal to close in April, a little later than the originally slated Q1 timeframe — saying the delay was down to pending approvals from antitrust regulators in Asia. With China now giving the greenlight that’s one more regulatory authority checked off the list.

Nokia has been involved in…

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