The collapse of Nokia's former phone business was a major reason for Finland's decade of stagnation from which it is only just recovering.
Not at all. Nokia phones now are made by a company named HMD Global and this deal has nothing to do with that company or the phone business.
Now focused on the telecom network industry, Nokia employs 6,300 people in Finland in a global workforce of around 102,800.
"We believe that this will be a good investment", said Antti Makinen, the head of the public investment arm Solidium. Solidium will not pursue a board seat come the next shareholders meeting, but it could do so in the future.
Until recently Solidium had no holdings in Nokia. He also noted that in addition to being an attractive investment target, Nokia is also Finland's largest company.
Nokia shares were down 0.4 percent at 1400 GMT.
Google Assistant for iPad cranks up Siri's competition
Thanks to an update to the Google Assistant for iOS app, the digital assistant now supports the Apple iPad. More screen real estate simply means that you don't have to exit one app just to hop into Google Assistant.
Solidium has been taking a more active role in the boardrooms of the companies it owns stakes in. Nokia share now make up 11 percent of its investments which have a total value of 8.4 billion euros.
At the beginning of the year, the largest Finnish investor in Nokia was the Varma pension insurance company with an approximately 1 percent stake.
Nokia and rivals, Sweden's Ericsson and China's Huawei, have struggled in the past years as demand for current 4G generation network gear has slid.
Solidium manages minority holdings in 13 listed Finnish companies which mainly originate from an era of state-led industrialisation.
Solidium's mandate is to own significant Finnish companies with an idea to keep them "more or less Finnish", Makinen told Reuters in an interview last month.
Suhana is quite a internet sensation and having a good number of fan following and some people call her teen diva. During the promotions of Jab Harry Met Sejal , he told DNA , " Suhana wants to be an actress".
Meghalaya has a 60-member Assembly, but elections were held for 59 seats due to the killing of a candidate. Leader of Opposition Mukul Sangma, who won from both Ampati and Songsak, voted from Ampati seat.
But the 32-year old has battled numerous injuries throughout his career, and that includes a series of concussions. The Miami Dolphins just lost their top receiver in Jarvis Landry, whom they traded to the Cleveland Browns .
The second annual Richmond Cherry Blossom Festival celebrates the arrival of Spring and blooming of the cherry blossoms. In Japan, cherry blossoms are known as sakura , which are a special flower to the people and the country.
Schroder Investment Management Group owned about 0.38% of Western Digital worth $89,002,000 at the end of the most recent quarter. Jonathan Auerbach increased its stake in Sps Comm Inc (SPSC) by 11.98% based on its latest 2017Q3 regulatory filing with the SEC.
Its reason for doing so had to do with stability issues present in Android 8.0 that would be addressed in Android 8.1 Oreo. The update brings the regular Oreo features of Android, as well as some Essential-specific features.
The Browns need a decision from Thomas as soon as possible or they could miss out on one of the top linemen on the market. According to the Boston Globe's Ben Volin , the Cleveland Browns have joined the mix and are making a "big run" at Solder.
Winslow Capital Management Llc increased Charter Comm Inc stake by 938,040 shares to 938,083 valued at $340.92 million in 2017Q3. Bank Of Nt Butterfield&Son L was reduced too. (NASDAQ:PEP) earned "Hold" rating by RBC Capital Markets on Friday, November 10.
He started 15 games for the Vikings in 2016, completing 71.6-percent of his passes for 3,877 yards and 20 touchdowns. His knee was described as healthy, but "degenerative" last month by Vikings head coach Mike Zimmer.
Senator Jeff Flake really loves free trade, and said he'll hit back at President Trump to prove it. Business leaders continued to sound the alarm about the tariffs, with the CEO of the U.S.
(NASDAQ:AMD) Shares Bought by Rhumbline Advisers
Connecticut-based Cubist Systematic Strategies Limited Liability Company has invested 0.02% in Laredo Petroleum, Inc. (NYSE:LPI). Its up 0.23, from 1.28 in 2017Q2. 254.15 million shares or 0.31% more from 253.36 million shares in 2017Q2 were reported.
Gigi Hadid And Zayn Malik Split!
And even though they have chose to go their separate ways, the source explained that they still "have respect for each other". Adding that she embraced him like a son, Dutch beauty Yolanada said: 'He's a handsome human being from Bradford, England.
Michael Sells 4294 Shares of AbbVie Inc (NYSE:ABBV) Stock
Toronto Dominion National Bank has 652,814 shares for 0.19% of their portfolio. 7,100 are held by Yorktown Management & Research. Earnest Partners Llc increased its stake in Moog Inc (MOG.A) by 1.26% based on its latest 2017Q3 regulatory filing with the SEC.
Colgate-Palmolive (CL) Chairman Sells 20891 Shares of Stock
It turned negative, as 52 investors sold CL shares while 437 reduced holdings. 121 funds opened positions while 587 raised stakes. Jolley Asset Mngmt Limited Liability holds 0.03% of its portfolio in Colgate-Palmolive Company (NYSE:CL) for 530 shares.
Seahawks will move on from DeShawn Shead
McDougald was signed to a one-year, $1.8 million contract by Seattle last season after having played since 2013 with Tampa Bay. He has recorded 154 tackles, two interceptions, four forced fumbles and 24 pass deflections in his career.
Ofo raises $866 mn funding from Alibaba
The round marked a new funding record in the bike-sharing industry, the company claimed in an official statement. Beijing has 700,000 shared bikes, and 11 million registered users, almost half the capital's population.