(Source: Siemens AG) Espoo, Munich, 2013-Jul-01 Nokia Corporation and Siemens AG today announced that they have entered into a definitive agreement pursuant to which Nokia acquires Siemens' entire 50% stake in their joint venture, Nokia Siemens Networks. The acquisition has been approved by the Board of Directors of Nokia as well as the Managing and Supervisory Boards of Siemens, and is subject to the customary regulatory approval process. The purchase price for Siemens' stake is EUR 1.7 billion and the transaction is expected to close during the third calendar...
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