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Tag Archives: Vertu

Nokia Agrees To Sell Vertu To EQT, Will Retain 10% Share, Price Undisclosed

With announcement of major turf and as expected this, Nokia has agreed terms for EQT, a leading private equity group based in Northern Europe to acquire...

Nokia In Talks With EQT To Sell Vertu As Soon As This Week

As expected, Nokia is in talks with private equity group EQT to sell its subsidiary Vertu for about 200 million euros (about $249 million)and most fascinating...

Nokia In Advanced Talks To Sell Vertu For $265 Million

According to Financial Times report, the Finnish mobile giant Nokia is working in light to sell its cellphone subsidiary, Vertu. Nokia, which last week had its credit rating cut to “junk” status by ratings agency Standard & Poor’s, will raise about 200 million euros ($265.19 million) from a potential sale. Cited “people familiar with the talks”...