Tuesday, July 21, 2015

Media report on sale: Nokia Here goes for 2.5 billion euros to … – ABC Online

Tuesday, 07.21.2015, 19:05
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The for sale Map Service Nokia Here is according to a press report as expected to a consortium of German carmaker. 2.5 billion euros have made it easy Daimler, BMW and VW subsidiary Audi.

However, the Finnish telecom equipment get to a major Berlin-based division of Daimler, BMW and VW subsidiary Audi with approximately 2.5 billion Euro significantly less than expected, as the “Manager Magazin” announced on Tuesday. So far was from a price of up to four billion euros been mentioned, it was said in the report. The Nokia shares lost in Helsinki in the afternoon more than one percent.



Other investors have withdrawn

From negotiating circles verlaute that all other bidders had withdrawn from the sales process, the magazine wrote , The party on the part of car manufacturers in the talks private equity firm General Atlantic will initially assume no shares. Opposite the sheet did express none of the parties is declared to have.

The automaker would like to use the data from Here to promote, including automated steering of vehicles. Nokia CEO Rajeev builds the former mobile phone world leader present to the pure telecom equipment. For this purpose he wants to buy the Franco-American rival Alcatel-Lucent for a billion amount

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