Bridgestone to Acquire TomTom’s Digital Fleet Solutions Unit

Bridgestone Corp. (TYO:5108) plans to acquire TomTom Telematics BV, a subsidiary of TomTom NV of the Netherlands. The acquisition is expected to take place during the second quarter of the business year ending December 2019 for a purchase price of 910 million euros ($1.04 billion). TomTom Telematics operates a digital fleet solutions business that provides cloud-based services such as vehicle…

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