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Nokia selling mapping service Here to German car markers for 2.8 bn euros
Finnish telecoms groups Nokia is selling its mapping service Here to German car makers BMW, Audi and Mercedes-Benz for 2.8 billion euros (US$3 billion), it said Monday.
The sale "should be concluded in the first quarter of 2016", Nokia said in a statement, claiming that it will bring it a profit of 2.5 billion euros. The three German car makers will hold equal shares in Here, they said in a separate statement.
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