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Nokia (NOK) sells its Vertu luxury phone business to Swedish P-E firm EQT Partners for an...

  • Thursday, June 14, 2012, 2:52 AM ET
    Nokia (NOK) sells its Vertu luxury phone business to Swedish P-E firm EQT Partners for an undisclosed sum. The whisper figure had been ~$250M. Nokia will retain a 10% minority stake in the business. Also announced today: Nokia will acquire developers and imaging IP from Scalado for undisclosed terms.
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    What do you mean undisclosed? What is Nokia hiding? Very dishonest and imprudent bunch of idiots.
    14 Jun 2012, 05:47 PM Reply Like
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