Jussi Rosendahl

Finnish state investment arm builds $1b stake in Nokia

Solidium, Finland’s investment arm, built the stake in Nokia by buying shares on the market over the early months of 2018.

Flying high after IPO, Angry Birds maker looks to swoop on rivals

Rovio now had more muscle to do deals in a gaming sector, ripe for consolidation.

Angry Birds maker Rovio moves forward with $1b IPO

The preliminary price range of 10.25 euros to 11.50 euros per share announced on Friday would give Rovio a market value of 802 million to 896 million euros.

Angry Birds maker says IPO possible in future, stays mum on reports of pursuit by Tencent

The Information reported that Tencent is exploring a possible $3 billion bid for Rovio.

Blackstone makes $2b offer for Finnish real estate firm Sponda

Sponda’s board has recommended the firm accept Blackstone’s offer.

Trafigura acquires stake in Finnish nickel mine in $266m deal

Trafigura will acquire the stake through its Galena fund.

Microsoft to trim smartphone business, plans to cut 1,850 jobs

Microsoft Corp will trim down its smartphone business by cutting 1,850 jobs, most of them in Finland, and write down $950 million from the operation.

Nokia ventures into digital products with deal to buy health tracking firm Withings for $191m

Finnish mobile network equipment maker Nokia said on Tuesday it had struck a deal to buy France’s Withings S.A. for 170 million euros ($191 million) in its first move into the market for digital products that monitor health. Withings‘ products include activity trackers, weighing scales, thermometers, blood pressure monitors and… Read more »

Finnish food delivery startup Wolt raises funding from Nokia chairman, Skype founder

The lead investor of the fund raising round was EQT Ventures, and other shareholders included Ilkka Paananen, the CEO of mobile games firm Supercell.

Nokia gains control of Alcatel-Lucent with 79% holding

Finland’s Nokia said on Monday it has gained control of French rival Alcatel-Lucent following its 15.6-billion-euro ($17 billion) all-share offer and the two telecom equipment makers would combine on Jan. 14. The French stock market authority said interim results showed Nokia would hold around 79 percent of Alcatel shares. The… Read more »