Nokia Shares Fall on Agreement to Sell Campus Edge to Aurelius

3-line summary

• Nokia signed a definitive agreement to sell its Enterprise Campus Edge business to Aurelius, with the deal expected to close in the first half of 2027 subject to customary closing conditions, according to Investing.com. Nokia shares fell about 4% following the announcement, made Tuesday, October 13. Financial terms were not disclosed.
• Nokia said the sale is part of a strategy to streamline its portfolio and focus resources where it sees the greatest long-term value, and that the business would be able to pursue an independent strategic focus under Aurelius.

This summary is our own processing of the source article; see the source link below for full context.