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Nokia explores sale of map business, source says

By on April 11, 2015

HELSINKI (Reuters) – Shares in Finland’s Nokia jumped 5 percent after a File By Way Of Bloomberg News, citing unnamed sources, mentioned the corporate was once taking into account selling its maps business RIGHT HERE.

The industry is attracting interest from Technology firms and personal equity companies, in line with the File, which mentioned that bids had been expected quickly. Nokia values RIGHT HERE at around $ 2.1 billion, the File delivered.

A Nokia spokesman was now not immediately on hand to remark.

Shares within the company had been up 5.2 % at 0948 EDT.

(Reporting By Using Jussi Rosendahl; Enhancing With The Aid Of Pravin Char)

REUTERS/Thomas Peter

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Reuters: Expertise News

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