Nokia to buy part of Panasonic's wireless-networks unit

LONDON (MarketWatch) -- Nokia Oyj said on Thursday it has agreed to buy a part of Panasonic Corp.'s wireless networks business for an undisclosed amount. Nokia said in a statement that Japan is a key market for the Finnish company and "this agreement is a major milestone in forging closer ties in Japan." Nokia and Panasonic expect the deal to close in January 2015. Nokia shares fell 1.8% in ...

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