Top M&A's in auto industry in 2015
HERE – Audi AG, BMW Group, Daimler AG for about $2.78 billion
December 07, 2015, 00:03 ISTIn December, the consortium of AUDI AG, BMW Group and Daimler AG successfully concluded the acquisition of Nokia’s digital mapping and location business HERE.
The three partners each hold an equal stake in HERE.
Nokia said its net proceeds from the deal would be around $2.78 billion, in line with its original estimate.
The deal was initially estimated to close in the first quarter of 2016.
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