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Samsung denies interest in Nokia

Samsung Electronics denied it was interested in acquiring Nokia, sending shares in the Finnish mobile phone company down 2 percent.

Updated on: Jun 11, 2012, 17:05:01 IST
Reuters | By
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Samsung Electronics denied it was interested in acquiring Nokia, sending shares in the Finnish mobile phone company down 2 percent.

HT Image
HT Image

Nokia shares rose 6 percent last Friday on speculation of a possible buyout offer.

"Such reports are purely speculative and are not true," the company said.