Re:The Deal That Makes No Sense
by tanzam75 on Tuesday September 03, 2013 @11:36AM
(#6321529)
That was at the end of June.
In August, they spent about €2.2 billion buying out Siemens' stake in Nokia Siemens Networks. This could very well have caused some short-term cash flow issues. Which also explains Microsoft's offer to finance Nokia at extremely low interest bonds.
Long-term, NSN is generating positive cash flow and ought to be able to pay for itself.
In August, they spent about €2.2 billion buying out Siemens' stake in Nokia Siemens Networks. This could very well have caused some short-term cash flow issues. Which also explains Microsoft's offer to finance Nokia at extremely low interest bonds.
Long-term, NSN is generating positive cash flow and ought to be able to pay for itself.