What You Need to Know about Nokia Backer Solidium
Solidium, the Finnish state-run investment fund that built a 3.3% stake in Nokia (NOK) at the start of 2018, has minority holdings in over a dozen major Finnish companies. Including Nokia, Solidium owns minority stakes in 13 listed Finnish companies, and the combined value of those investments is estimated to be over $11 billion. Nokia is a bit of an outlier in Solidium’s holding pattern.