TomTom to sell Telematics unit to Japan's Bridgestone for $1.03b

TomTom to sell Telematics unit to Japan's Bridgestone for $1.03b

Photo: Reuters

TomTom, the Dutch navigation and digital maps company, said on Tuesday it has agreed to sell its Telematics, or the fleet management business, to Japan’s Bridgestone for 910 million euros (£802.5 million or $1.03 billion).

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