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Microsoft to buy Nokia’s mobile phone unit

Microsoft has agreed a deal to buy Nokia’s mobile phone business for £4.6bn including license to its patents and mapping services. Nokia shares jumped 45% on news of the deal.

Microsoft has agreed a deal to buy Nokia’s mobile phone business for 5.4bn euros ($7.2bn; £4.6bn). Nokia will also license its patents and mapping services to Microsoft. Nokia shares jumped 45% on news of the deal.
Read more: BBC News

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