Samsung denies interest in Nokia

HELSINKI Mon Jun 11, 2012 2:53pm IST

A mobile phone made by Nokia is pictured in this photo illustration taken in Warsaw May 8, 2012. REUTERS/Kacper Pempel

A mobile phone made by Nokia is pictured in this photo illustration taken in Warsaw May 8, 2012.

Credit: Reuters/Kacper Pempel

Related Topics

Stocks

   

HELSINKI (Reuters) - Samsung Electronics denied it was interested in acquiring Nokia, sending shares in the Finnish mobile phone company down 2 percent.

Nokia shares rose 6 percent last Friday on speculation of a possible buyout offer.

"Such reports are purely speculative and are not true," the company said.

(Reporting by Ritsuko Ando)

FILED UNDER:
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.

  • Most Popular
  • Most Shared

DIPLOMACY

REUTERS SHOWCASE

Moody's on Inflation

Moody's on Inflation

Persistent inflation hurting India's sovereign ratings - Moody's  Full Article 

Carmichael Project

Carmichael Project

Adani buys Australia coal mine royalty rights from Linc for $145 million  Full Article 

GDP Preview

GDP Preview

Economy likely grew faster in June quarter: Reuters poll.  Full Article 

Monetary Policy

Monetary Policy

BofA says RBI may cut rates by 75-100 bps starting early 2015  Full Article 

Road to IPO

Road to IPO

Mega-IPO to rekindle the 'bromance' behind Alibaba's rise  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device.  Full Coverage