Market Overview

Nokia in Talks to Sell Vertu to Permira -FT


Nokia (NYSE: NOK) is currently in talks to sell its luxury phone brand Vertu to private equity group Permira, according to Financial Times. The sale price is reported to be $265 million.

The handmade Vertu phones can cost as much as $325,000 each.

Posted-In: News Asset Sales M&A Global Pre-Market Outlook


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