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Nokia planning to takeover Symbian
Posted on 10-Nov-2003 17:10 | Tags Filed under: News

Reuters UK reports that Nokia has plans to increase its participation in the Symbian consortium by buying Psion, which currently holds 31% of Symbian shares.

It added that any offer would have to be pitched at a substantial premium to Psion's current market value of more than 300 million pounds, and could price it at well above 400 million pounds.

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