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Bridgestone buying Tomtom Telematics for 910 million euros

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Bridgestone Europe NV/SA, the Europe Middle East and Africa (EMEA) subsidiary of Bridgestone Corporation, has entered into an agreement with TomTom to acquire its telematics business for a cash consideration of 910 million euros. Michelin had also been named as a suitor for the business when the news that TomTom Telematics was for sale emerged in November 2018.

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  4. TomTom shareholders set for 750 million-euro windfall
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