By Natalia Drozdiak
FRANKFURT--Facebook Inc. (FB), Uber Technologies Inc. (UBER.XX)
and car makers BMW, Audi and Daimler are all looking into buying
Finnish network equipment maker Nokia's (NOK) location services
unit HERE, a media report said Wednesday.
The three German carmakers have made a combined bid for the unit
while San Francisco-based financial investors Hellman &
Friedman are also among those interested, said German monthly
Manager Magazin, citing people familiar with the situation.
The unit's book value is 2 billion euros ($2.16 billion),
according to the report.
Nokia said last week it was considering a potential sale of the
unit, which supplies digital mapping software to car navigation
systems and to portable devices such as smartphones.
Nokia, Facebook, Uber and the carmakers all said they wouldn't
comment on market speculation. Hellman & Friedman wasn't
immediately available for comment.
Write to Natalia Drozdiak at natalia.drozdiak@wsj.com
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