Nokia enters into an agreement with the French State regarding the sale of leading submarine networks business ASN
NOKNokia(NOK) GlobeNewswire News Room·2024-06-27 14:00

Press ReleaseNokia enters into an agreement with the French State regarding the sale of leading submarine networks business ASN Nokia has signed a put option agreement with the French State contemplating the sale of ASN for an Enterprise Value of EUR 350 million, subject to informing and consulting with relevant employee representative bodies. This proposal: Demonstrates Nokia’s commitment to active portfolio management and focus on key strategic assets.Focuses the portfolio and improves profitability of th ...