>>> Nokia unlikely to sell Here for less than USD 4bn - report (translated)

Nokia unlikely to sell Here for less than USD 4bn 

Nokia, the Finnish mobile phone network company, is unlikely to sell its its mapping service Here for less than USD 4bn, Kauppalehti Online reported.

The Finnish language piece cited analyst Mikael Rautanen from Inderes who authored a report that indicated it is unlikely Nokia will sell Here for less than USD 4bn as the former is not desperate to dispose of the unit.

The China-based NavInfo is about to make an offer, backed by private equity players, for Here, the article added.


Kauppalehti Online