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Nokia's Here attracts 4 possible bidders - report

Wednesday 22 April 2015 | 14:43 CET | News
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Nokia's Here mapping and navigation division has attracted at least four potential bidders, according to the German publication Manager Magazin. These include Facebook, Uber and a consortium of German carmakers (BMW, Audi, Daimler). Nokia confirmed that Here is up for sale after it announced plans to merge with Alcatel-Lucent. Uber has reportedly already conducted due diligence at Here. The fourth possible bidder is the American private investor Hellman & Friedman, the report said. Here is estimated to have a book value of around EUR 2 billion. 

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Categories: Mobile & Wireless
Companies: Alcatel-Lucent USA/FR / BMW / Facebook / Nokia
Countries: World
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