NEW YORK ( TheStreet) -- Nokia (NOK - Get Report), the Finnish smartphone maker, has agreed to buy Siemens AG's (SI) stake in a joint venture the companies have for telecommunications equipment, news reports Sunday said.Nokia will pay less than 2 billion euros ($2.6 billion) to get full control of the venture, Nokia Siemens Networks, according to Bloomberg News, which first reported the deal.
Nokia to Buy Siemens' Stake in Telecom Joint Venture, Reports Say
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