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Nokia maps attract at least four possible bidders-Manager Magazin

Date: Apr 22, 2015

Nokia's maps business has drawn interest from at least four potential acquirors, including Facebook and a consortium of German carmakers BMW, Audi and Daimler, a German magazine reported on Wednesday.

Manager Magazin cited people familiar with the matter assaying local transportation service Uber is looking at the books of HERE, Nokia's mapping unit, and that U.S. private equity firm Hellman & Friedman is also interested.

According to Manager Magazin, the book value of the unit is2 billion euros ($2.15 billion).

Nokia and Facebook declined to comment on the report. Uber, Hellman & Friedman, BMW, Audi and Daimler were not immediately available for comment.

Finland's Nokia said last week it had started a strategic review of HERE after announcing a takeover of network equipment rival Alcatel-Lucent. ($1 = 0.9293 euros)
--reuters--