Nokia Sells Espoo Headquarters, But Plans to Stay
Dec 4, 2012, 8:05 AM by Eric M. Zeman
Nokia today announced that it plans to sell its headquarters office building in Espoo, Finland. The company itself isn't moving, however. Instead, it will rent the building from the new owner. The sale will net Nokia about $222 million in cash, which will help shore up its sagging balance sheet. Nokia has owned and resided in its headquarters facility since 1997.
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