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

Shares Hit Record

Sensex, Nifty rise to second consecutive record high

Sensex surges 500 points on BOJ easing, L&T gains

The BSE Sensex and Nifty surged to record highs for a second consecutive session on Friday after Bank of Japan's surprise expansion of its massive stimulus programme raised hopes for additional foreign inflows, boosting blue-chips such as Larsen & Toubro.  Full Article 

REUTERS SHOWCASE

Ban on E-Cigs?

Ban on E-Cigs?

Govt considers ban on e-cigarettes, sale of single smokes.  Full Article 

Commodities

Commodities

Silver futures in India hit four-year low on global cues.  Full Article 

BOJ Policy

BOJ Policy

BOJ shocks markets with surprise easing as inflation slows.  Full Article 

Cost Cutting

Cost Cutting

PM Narendra Modi boots officials out of the first class cabin  Full Article 

Leisure Riding

Leisure Riding

Harley-Davidson woos affluent young Indians with bike culture  Full Article 

Shadow Banking

Shadow Banking

China's shadow banking sector growing rapidly, third largest in world - FSB.  Full Article 

Moody's on India

Moody's on India

Moody's welcomes India's policy steps, but wants to see more.  Full Article 

Reuters India Mobile

Reuters India Mobile

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