Nokia May Sell Luxury Phone Brand Vertu For ?200 Million

Nokia is reportedly in talks with a private equity group called EQT in an attempt to sell off its independent subsidiary, Vertu. Vertu is an ultra-luxury phone brand operating independently within Nokia that makes high-end phones with stainless steel, ceramics, carbon fiber. They phones even feature sapphires and rubies as buttons. Reuters reports that the Vertu price tag is around ?200 million (~$249 million).

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