<p>Cellphone maker Nokia is in talks to sell its UK luxury subsidiary Vertu, which hand makes some of the world’s most expensive mobile phones.<br /><br /></p>.<p>Earlier the Financial Times reported that talks with private equity group Permira were at an advanced stage on a possible sale which would raise about €200 million.<br /><br />Vertu’s cellphones can feature crystal displays and sapphire keys, costing more than £200,000 due to the precious metal components.</p>
<p>Cellphone maker Nokia is in talks to sell its UK luxury subsidiary Vertu, which hand makes some of the world’s most expensive mobile phones.<br /><br /></p>.<p>Earlier the Financial Times reported that talks with private equity group Permira were at an advanced stage on a possible sale which would raise about €200 million.<br /><br />Vertu’s cellphones can feature crystal displays and sapphire keys, costing more than £200,000 due to the precious metal components.</p>