Bloomberg News

Nokia Siemens Owners to Get Preferred Stock for Capital Infusion

September 29, 2011

Sept. 29 (Bloomberg) -- Nokia Siemens Networks owners Nokia Oyj and Siemens AG will get preferred stock in exchange for a capital infusion of 1 billion euros ($1.4 billion) into the joint venture, Nokia spokesman James Etheridge said by telephone today.

To contact the reporter on this story: Diana ben-Aaron in Helsinki at dbenaaron1@bloomberg.net

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


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