Daimler, BMW, Audi Interested in TomTom: Sueddeutsche (Earlier)
2015-06-15 08:54:31.138 GMT
By Claudia Rach
(Bloomberg) -- Executives of Daimler, BMW, Audi met a few
weeks ago with TomTom representatives and cos. more recently
discussed due diligence talks, Sueddeutsche Zeitung reported
Saturday, without citing anyone.
* German carmakers may find prices for HERE start getting too
high: newspaper
* TomTom didn’t confirm talks: newspaper
* SNS Securities: Says it makes sense for 3 German carmakers
to explore other options, sees opportunities for TomTom
(buy), from which its shareholders can benefit, according to
note today
* NOTE May 22: Audi is open to other carmakers joining bid for
Nokia’s HERE
*
* May 19: BMW, Daimler, Audi working on approach for HERE,
people familiar with the matter have said
* NOTE: TomTom shrs rise as much as 3.3% today, most since
June 8, only gainer in the Amsterdam Midkap Index
For Related News and Information:
First Word scrolling panel: FIRST<GO>
First Word newswire: NH BFW<GO>
To contact the reporter on this story:
Claudia Rach in Berlin at +49-30-70010-6219 or
crach1@bloomberg.net
To contact the editor responsible for this story:
James Ludden at +44-20-3525-2645 or
jludden@bloomberg.net
2015-06-15 08:54:31.138 GMT
By Claudia Rach
(Bloomberg) -- Executives of Daimler, BMW, Audi met a few
weeks ago with TomTom representatives and cos. more recently
discussed due diligence talks, Sueddeutsche Zeitung reported
Saturday, without citing anyone.
* German carmakers may find prices for HERE start getting too
high: newspaper
* TomTom didn’t confirm talks: newspaper
* SNS Securities: Says it makes sense for 3 German carmakers
to explore other options, sees opportunities for TomTom
(buy), from which its shareholders can benefit, according to
note today
* NOTE May 22: Audi is open to other carmakers joining bid for
Nokia’s HERE
*
* May 19: BMW, Daimler, Audi working on approach for HERE,
people familiar with the matter have said
* NOTE: TomTom shrs rise as much as 3.3% today, most since
June 8, only gainer in the Amsterdam Midkap Index
For Related News and Information:
First Word scrolling panel: FIRST<GO>
First Word newswire: NH BFW<GO>
To contact the reporter on this story:
Claudia Rach in Berlin at +49-30-70010-6219 or
crach1@bloomberg.net
To contact the editor responsible for this story:
James Ludden at +44-20-3525-2645 or
jludden@bloomberg.net