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Nokia-Siemens  tie-up  in  buy-out talks

Nokia and Siemens are open to possible private equity investment in Nokia Siemens Networks, their network equipment joint venture.

But neither partner is seeking an early exit, according to top executives at the Finnish mobile phone maker and German engineering group.

Both parents confirmed that talks were under way with private equity companies interested in buying a stake in NSN, which has been a financial burden on the two groups for much of the three years of its existence.

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