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Samsung denies interest in Nokia
June 11, 2012 / 8:37 AM / 5 years ago

Samsung denies interest in Nokia

HELSINKI (Reuters) - Samsung Electronics (005930.KS) denied it was interested in acquiring Nokia NOK1V.HE, sending shares in the Finnish mobile phone company down 2 percent.

A Samsung logo is seen during the International CTIA WIRELESS Conference & Exposition in New Orleans, Louisiana May 9, 2012. REUTERS/Sean Gardner

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.

Reporting by Ritsuko Ando

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