Ron Burgundy Posted September 2, 2015 Share Posted September 2, 2015 By Diane Bartz WASHINGTON (Reuters) - German carmakers BMW, Audi and Mercedes have won U.S. antitrust approval to buy Nokia's maps business for around 2.5 billion euros ($2.8 billion), the Federal Trade Commission said on Wednesday. The deal, which was announced in early August, was on the FTC's list of uncontroversial transactions which won approval from the FTC or the Justice Department. Germany's three premium carmakers will hold equal stakes in the business, known as HERE, and may allow automakers to offer new premium features, like autonomous driving, in luxury cars, shaking up the pecking order between car makers, their parts suppliers and software rivals like Uber and Google. View the full article Quote Link to comment Share on other sites More sharing options...
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