Tag «all-cash transaction»

Nokia to sell Devices & Services business to Microsoft in EUR 5.44 billion all-cash transaction

Transaction expected to be significantly accretive to Nokia earnings. Nokia continues to develop, and sees significant value in, advanced technologies, its patent portfolio and Nokia brand. Nokia focusing on NSN, HERE and Advanced Technologies post-transaction. Each business a leading player in its respective segment. Nokia outlines changes to leadership and Board of Directors.   ESPOO, …