NSN in talks for private equity investment - report

Nieuws Mobiel Wereld 2 AUG 2010
NSN in talks for private equity investment - report
Nokia Siemens Networks is in talks with private equity groups such as Blackstone and TPG anout an investment of USD 1 billion for a minority stake in the mobile infrastructure ­company. The deal would help NSN finance its recent USD 1.2 billion purchase of Motorola's network equipment business, the Financial Times reports. NSN is also looking to benefit from their experience at integrating two such large companies smoothly. One person familiar with the talks said they were still in "early days" and may not result in a deal. The private equity groups, who are also reported to include Silver Lake Partners and Bain Capital, would need to team up as the USD 1 billion equity investment would be too large for any of them alone.

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