Samsung denies interest in Nokia
A Samsung logo is seen during the International CTIA WIRELESS Conference & Exposition in New Orleans, Louisiana May 9, 2012.
Credit: Reuters/Sean Gardner
HELSINKI |
HELSINKI (Reuters) - Samsung Electronics (005930.KS) denied it was interested in acquiring Nokia (NOK1V.HE), 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)
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