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Nokia: denies rumors of Juniper Networks bid.

(CercleFinance.com) - Finnish telecommunications gear maker Nokia said rumours about the company's interest in buying US rival Juniper Networks are unfounded.

In a press release this morning, the firm said that it is not currently in talks with Juniper Networks with a view to acquiring the California-based company, nor is it preparing an offer.

Nokia said that while it does not typically comment on market rumours, it had to make a statement today, given the "specificity" of press reports.

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