Nokia (NOK) Could Be Close to Deal to Sell Vertu to EQT -Bloomberg

June 12, 2012 12:38 PM EDT Send to a Friend
Shares of Nokia (NYSE: NOK) edged higher just after noon following a Bloomberg report which indicated the company could be near a deal to sell its Vertu luxury phone unit to EQT Partners for about €200 million ($250 million).

The stock is now up 3.3 percent to around $2.86.


Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Mergers and Acquisitions, Rumors

Add Your Comment