Samsung denies interest in Nokia

HELSINKI Mon Jun 11, 2012 4:11pm IST

A Samsung logo is seen during the International CTIA WIRELESS Conference & Exposition in New Orleans, Louisiana May 9, 2012. REUTERS/Sean Gardner

A Samsung logo is seen during the International CTIA WIRELESS Conference & Exposition in New Orleans, Louisiana May 9, 2012.

Credit: Reuters/Sean Gardner

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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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