Nokia (NOK) and Siemens (SI) confirm they're in talks with P-E firms over a possible investment...

|By:, SA News Editor

Nokia (NOK) and Siemens (SI) confirm they're in talks with P-E firms over a possible investment in Nokia Siemens Networks. Blackstone (BX), Bain Capital or TPG may buy a stake for as much as $1B, but NOK and SI execs insist they have no plans to exit the JV before it ends in 2013.