Nokia says talking to "multiple parties" on NSN

Reuters

HELSINKI (Reuters) - Nokia <NOK1V.HE> said it was still in talks with "multiple parties" about its stake in Nokia Siemens Networks, after a report that U.S. private equity firms had backed away from bidding for a majority stake.

The Financial Times reported on Thursday that Kohlberg Kravis Roberts & Co <KKR.N> and TPG <TPG.UL> decided not to bid for an NSN stake after failing to agree on a price and level of control over the company.

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"As we have said earlier, there has been unsolicited interest in NSN and we continue to be in constructive talks with multiple parties," Nokia said in a statement on Friday.

(Reporting by Helsinki Newsroom; Editing by Hans Peters)