Nokia sells Vertu luxury-handset unit

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Many people don’t know that Vertu cell phones are made by Nokia. Now, Nokia just announce that it is selling its Vertu luxury handset business to EQT VI (EQT VI is part of the leading private equity group in Northern Europe). for growth in the luxury category. Having delivered double digit sales growth over the past few years, Vertu continues to lead its class with a portfolio of high end mobile phones. “This is a logical...