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Nokia share price soars 45% on Microsoft sale news

AFP  Helsinki, September 03, 2013
First Published: 13:37 IST(3/9/2013) | Last Updated: 13:41 IST(3/9/2013)

Shares in Finnish telecom giant Nokia soared by 45 % on Tuesday after the company announced it was selling its mobile phone unit to Microsoft for 5.44 billion euros ($7.17 billion).

The share price jumped to 4.3 euros in opening trading on the Helsinki stock exchange, sending the overall market up by 4.3 %.

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