Extract from M&A Insights

The below story was originally featured in our daily M&A Insights Newsletter. Selected stories, including this one, are posted to our website with some weeks of delay.
State of Finland acquires Nokia shares for over EUR 840m
March 14, 2018

Finland's state investment company, Solidium, has acquired a 3.3 % stake in Nokia at a cost of about EUR 844m making it the single largest shareholder in the telecom network equipment company. According to Solidium CEO Antti Makinen, Nokia's strong market position and its knowhow are basis for a rise in value. He also noted that in addition to being an attractive investment target, Nokia is also Finland's largest company.

ⓘ This story was originally featured in our daily M&A Insights newsletter.
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