(Manager Mag) carmaker pay 2.5 billion euros for Nokia Maps service

carmaker pay 2.5 billion euros for Nokia Maps service {http://bit.ly/1HObD0g}

The Finnish telecommunications group Nokia conceded for its map service Here significantly less than previously expected. The German automaker Daimler stock market chart show , BMW showing stock market chart and Audi show stock market chart were for around 2.5 billion euros the award, Manager Magazin reported in its latest issue (release date: Jul 24th).

So far had been of a price of up to four billion euros the speech. All other interested parties have withdrawn from the sales process, according to negotiation circles. Is likely that will be decided in July a final decision on the sale.
The taking part in the talks on the part of the German private equity investor General Atlantic will initially assume no shares. The financial partners should possibly can join later, just as other automakers. Neither Mercedes nor BMW or Audi wanted to comment on the near completion. Also Nokia declined to comment.

More on the subject
Nokia Maps service : German carmaker prepare billion offer
About buys Microsoft's map service
Automakers want to use the Here technology to gain current information as possible for the computer steering of cars and new mobility services. They had long been striving together towards a takeover of Here.
Nokia CEO Rajeev Suri had however started an open bidding process in order to achieve a maximum price. American companies such as Uber and Facebook, which had initially shown interest have to become withdrawn , they said at Nokia.