HELSINKI: Nokia shareholders are expected to approve the sale of its mobile phone business to Microsoft on Tuesday, with the deal's financial benefits likely to outweigh resistance from a minority of investors upset over the sale of a Finnish national icon.
Nokia agreed in September to sell its devices and services business and license its patents to Microsoft for €5.44bil (RM23.4bil) after failing to recover from a late start in smartphones.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!