Nokia Siemens (NSN) exploring PE funding

NSN is open to the idea to get funding from PE firms. (Potential investment of USD 1 billion)
It is talking to a few PE firms like Blackstone, Bain Capital, etc.

Implications:
  • Liquidity (+ve)
    • NSN has not made a profit in the recent past 
    • Recent acquisition of Motorola for USD 1.2 billion
  • More stakeholders in decision making (-ve)
  • NSN makes a statement that they are looking for new ideas (-ve)
  • Nokia and Siemens are not ready to put money in the JV (-ve)