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Bridgestone Corp (5108.T)

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Tue, Jan 22 2019

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TomTom to sell Telematics unit to Bridgestone for $1.03 billion

AMSTERDAM 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 ($1.03 billion).

TomTom to sell Telematics unit to Bridgestone for $1.03 bln

AMSTERDAM, Jan 22 TomTom, the Dutch navigation and digital maps company, said on Tuesday it has agreed to sell its Telematics, or the fleet data business, to Bridgestone for 910 million euros ($1.03 billion).

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