TomTom shareholders approve sale of Telematics business to Bridgestone

Corporate developments

Dutch supplier also get approval for the distribution of the majority of the net proceeds from the deal to shareholders

In an extraordinary general meeting held on Monday (18 March), TomTom’s shareholders voted in favor of the previously announced sale of its Telematics business to Bridgestone Europe, the Netherlands-based supplier said in a press release.

Thank you for visiting IHS Markit AutoTechInsight.

*A subscription to News & Analysis includes four IHS Markit-selected sector-specific analytical pieces per month. Access to all analytic pieces across all domains comes with a subscription to All Services. Please click here to subscribe.

For a free daily listing of headlines with limited access please sign up here.

To get access to the AutoTechInsight full suite of services, please contact a sales representative by clicking here.

Already a subscriber? Please log in here

preload preload preload preload preload