Bridgestone to buy 19 pct stake in Nokian Renkaat

Newswire

HELSINKI, Feb 24 (Reuters) - Nokian Renkaat said on Monday Japan's tyre maker Bridgestone has agreed to purchase an 18.9 percent stake in the Finnish rival for 78.34 million euros ($84.89 million) from mobile phone maker Nokia . "Nokian Tyres plc has been informed today that Nokia Corporation... has agreed to sell its 2.000.000 Nokian Tyres shares to Bridgestone Europe NV/SA. The transaction price was 39.17 euros per share," Nokian Renkaat said in a statement. Bridgestone Europe is a ...

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