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