Nokia In Talks To Sell Vertu To Permira

Finnish company wants to unload world’s most expensive mobile phone brand as it looks to dispose of non-core assets to turnround its devices division

BING NEWS:
  • Nokia in talks with EQT Partners AB to sell Vertu
    LONDON/STOCKHOLM: Nokia is nearing a deal to sell its Vertu luxury-phone unit to Swedish private-equity firm EQT Partners AB as it divests assets as part of a turnaround plan, according to two people with knowledge of the matter. The transaction values ...
    06/13/2012 - 4:44 pm | View Link
  • Nokia in talks with EQT to sell Vertu
    Finnish mobile phone maker Nokia is in talks with private equity group EQT to sell its luxury handset subsidiary Vertu for around 200 million euros, sources familiar with the matter said on Wednesday. One of the sources, who declined to be named because ...
    06/13/2012 - 6:03 am | View Link
  • Nokia in talks to sell Vertu (again)
    Reuters is reporting that Nokia is looking at potential buyers for the luxury phone brand yet again, this time with private equity firm EQT. Sources speaking to Reuters say that Nokia is hoping to take away €200 million (~$250 million). The deal is ...
    06/13/2012 - 2:33 am | View Link
  • Nokia Reportedly In Talks To Sell Luxury Phone Unit Vertu
    Nokia is in talks to sell Vertu, a unit that makes ridiculously expensive high-end mobile phones, Reuters reports, citing “a source familiar with the company’s strategy.” The piece notes that the Financial Times reported Sunday that the company is ...
    04/30/2012 - 2:36 am | View Link
  • Nokia In Talks to Sell Vertu
    Cellphone maker Nokia is in talks to sell its UK luxury subsidiary Vertu, which hand makes some of the world’s most expensive mobile phones, Reuters reported Monday. Earlier the Financial Times reported that talks with private equity group Permira were ...
    04/30/2012 - 1:40 am | View Link
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