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Wireless

Michelin, Bridgestone interested in acquiring TomTom Telematics - report

Thursday 29 November 2018 | 11:30 CET | News
Michelin is one of the four candidates to buy TomTom Telematics, Het Financieele Dagblad reported, citing multiple sources. TomTom started looking for a buyer for the unit in September. The French tire manufacturer develops road maps and digital services through Michelin Solutions. Tire manufacturer Bridgestone is also interested in the unit. Two investment companies are also still in the race, including Pamplona Capital Management.

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Categories: Mobile & Wireless
Companies: Michelin / TomTom
Countries: Netherlands / World
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