Bloomberg News

Nokia Siemens Networks Gets 1 Billion Euros Capital From Owners

September 29, 2011

Sept. 29 (Bloomberg) -- Nokia Siemens Networks, the joint venture of Nokia Oyj and Siemens AG, will get a capital infusion of 1 billion euros ($1.36 billion) from its parent companies to further strengthen its financial position.

Nokia and Siemens will each provide 500 million euros to the networks company.

To contact the editor responsible for this story: Kati Pohjanpalo at kpohjanpalo@bloomberg.net


Best LBO Ever
LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus