ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for charts Register for streaming realtime charts, analysis tools, and prices.

BMW Bayerische Motoren Werke AG

96.04
-0.38 (-0.39%)
17 May 2024 - Closed
Realtime Data
Share Name Share Symbol Market Type
Bayerische Motoren Werke AG TG:BMW Tradegate Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.38 -0.39% 96.04 95.86 96.20 96.64 95.66 96.44 56,555 22:50:02

Big Brother Creator Takes Stake in Satnav Company TomTom

05/08/2015 2:01pm

Dow Jones News


Bayerische Motoren Werke (TG:BMW)
Historical Stock Chart


From May 2019 to May 2024

Click Here for more Bayerische Motoren Werke Charts.

By Maarten van Tartwijk

AMSTERDAM--John de Mol, the creator of reality show Big Brother, has taken a 5.1% stake in satellite navigation company TomTom NV (TOM2.AE), according to a regulatory filing released Wednesday by Dutch markets regulator AFM.

The disclosure comes as digital mapping companies like TomTom have caught the interest of auto-makers seeking to develop technology for self-driving cars. Earlier this week, a group of Germany's biggest auto-makers, including BMW AG (BMW.XE) and Daimler AG (DAI.XE), clinched a deal to buy Nokia Corp.'s digital mapping business in a 2.8 billion euros ($3.1 billion) deal.

TomTom is the "last major independent mapping asset" after the sale of Nokia Here, which should have positive impact on TomTom stock, analysts at UBS said in a note this week.

Shares in TomTom rose 3.6% to EUR10.41 in Amsterdam, having rallied nearly 92% over the past year.

TomTom wasn't immediately available for comment.

Write to Maarten van Tartwijk at maarten.vantartwijk

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


1 Year Bayerische Motoren Werke Chart

1 Year Bayerische Motoren Werke Chart

1 Month Bayerische Motoren Werke Chart

1 Month Bayerische Motoren Werke Chart