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Nokia Looking to Pawn Its Vertu Luxury Line

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Dec 7, 2011, 9:32 PM   by Eric M. Zeman

Nokia is interested in selling off its U.K.-based Vertu subsidiary, which sells high-end cell phones. According to a report in the Financial Times, Nokia has hired Goldman Sachs to help it fetch top dollar for the cell phone unit, which is valued between $270 and $400 million. The Financial Times says that private equity groups will be the most likely buyers of Vertu, though Nokia has not confirmed the story.

more info at Reuters »

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I would love to own a Vurtu Troll-Bait Dec 8, 2011, 11:33 AM
Next on Pawn Stars ATTDRONEV2.5 Dec 8, 2011, 12:12 AM
 
 
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