HELSINKI—Nokia Corp. said Friday it is in constructive talks with several bidders for its Nokia Siemens Networks joint venture with Germany's Siemens AG.
Earlier Friday, the Financial Times reported that global private-equity investment firms Kohlberg Kravis Roberts & Co. and TPG had backed away from bidding for a majority stake in NSN, after failing to agree both on price and the level of control over the company.
The withdrawal leaves only the Gores Group and Platinum Equity LLC as the remaining consortium bidding for NSN, the report said.
© The Wall Street Journal
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