German Carmakers, General Atlantic Join in Bid for Nokia's HERE -Reuters
May 21 2015 - 9:53AM
Dow Jones News
German premium brand auto makers Daimler AG ((DDAIY), Audi AG
(NSU.XE) and BMW AG (BMW.XE) are joining with private equity firm
General Atlantic to bid for Nokia Corp's (NOK) HERE navigation
business, Reuters reported Thursday, citing two people familiar
with the matter.
The Wall Street Journal reported last week that the German auto
maker consortium was preparing a bid with Chinese technology group
Baidu Inc. (BIDU) worth "considerably more than 2 billion
euros."
Full story at
http://www.reuters.com/article/2015/05/21/us-here-m-a-general-atlantic-idUSKBN0O61FN20150521
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