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Nokia Corp. (NOK)

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Market Currents
  • Monday 10:42 am Ciena (CIEN -6.7%) upped its offer by more than $200M to $769M and edged out a joint bid by Nokia Siemens (NOK, SI) and private-equity firm One Equity Partners to buy Nortel's optical networking and carrier ethernet assets. The deal will more than double Ciena's turnover. 2 Comments
  • Sunday 16:34 pm Sources say Ciena (CIEN) raised its offer for Nortel's optical networking and carrier ethernet business to $714M from an earlier $522M. Sources say Nokia Siemens (NOK, SI) and private-equity firm One Equity Partners have also jointly bid for the assets. 1 Comment
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