FRANKFURT (Reuters) - German carmakers BMW (BMWG.DE), Audi (VOWG_p.DE) and Mercedes (DAIGn.DE), will pay around 2.5 billion euros ($2.8 billion) to buy Nokia's maps business, beating out high-tech ...

FRANKFURT (Reuters) - Germany's big car makers have reached a stand-off with Nokia (NOK1V.HE) in their joint bid to buy the Finnish company's maps business HERE, while rival offers appear to be ...

A couple of weeks ago it was reported that Nokia would sell their Here Maps business to the three major German automakers, Audi, BMW and Daimler. Today that deal has been finalized and officially ...

Consistent with previous reports of a sale of its HERE mapping unit to a consortium of German automakers, Nokia issued a press release earlier confirming the sale. The German group includes AUDI AG, ...

Nokia has finally confirmed the sale of its Here mapping business for €2.8bn ($3bn) to a consortium of Audi, BMW, and Daimler. The sale ends months of speculation over the fate of Here, with the deal ...