STALLED MOMENTUM: Talks between Nokia and BMW, Daimler and Volkswagen over the sale are ongoing but have reached a difficult stage as important details such as price and structure are finalised, two auto industry sources and two financial sources said.
FRANKFURT: Germany's big car makers have reached a stand-off with Nokia in their joint bid to buy the Finnish company's maps business HERE, while rival offers appear to be unravelling, sources familiar with the process said.
Talks between Nokia and BMW, Daimler and Volkswagen over the sale are ongoing but have reached a difficult stage as important details such as price and structure are finalised, two auto industry sources and two financial sources said.
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