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Monday, 1 July 2013

Nokia Buys Siemens Stake in Joint Unit for $2.2 Billion

Nokia Oyj agreed to buy Siemens AG’s share in a six-year venture for 1.7 billion euros ($2.2 billion), giving the Finnish company full access to the phone- equipment maker’s cashflow for a less-than-estimated price.
Read more: Bloomberg news

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