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Announced

HERE GLOBAL BV / TENCENT HOLDINGS LIMITED / GIC PRIVATE LIMITED / NAVINFO CO LTD / AUDI AG / DAIMLER AG / BMW AG / Acquisition / Private

Synopsis

Acquisition by an investor consortium of NavInfo, a leading provider of digital maps and location services in China, Tencent and GIC, of a 10% stake in HERE, the Open Location Platform company and a leading global online mapping and navigation provider, from its shareholders Audi, BMW and Daimler.

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