Van beleggers
voor beleggers
desktop iconMarkt Monitor
  • Word abonnee
  • Inloggen

    Inloggen

    • Geen account? Registreren

    Wachtwoord vergeten?

Ontvang nu dagelijks onze kooptips!

word abonnee

Aandeel TomTom AEX:TOM2.NL, NL0013332471

  • 5,525 9 mei 2024 13:33
  • -0,020 (-0,36%) Dagrange 5,500 - 5,550
  • 40.755 Gem. (3M) 281,4K

TomTom Januari 2019

4.771 Posts
Pagina: «« 1 ... 153 154 155 156 157 ... 239 »» | Laatste | Omlaag ↓
  1. Grovert 22 januari 2019 07:32
    TOMTOM SELLS TELEMATICS BUSINESS TO BRIDGESTONE FOR A PURCHASE PRICE OF €910 MILLION

    Jan 22, 2019
    Download PDF
    Intends to distribute majority of proceeds to shareholders
    Amsterdam, The Netherlands, 22 January 2019 - Location technology specialist TomTom (TOM2) today announced the sale of its Telematics business to Bridgestone Europe NV/SA (“Bridgestone”), a subsidiary of Bridgestone Corporation in EMEA, for a purchase price of €910 million, and proposes to return the majority of the proceeds to its shareholders.

    This transaction allows the Telematics business to accelerate its growth trajectory and TomTom to become a more focused and agile company, shaping the future of driving with highly accurate maps, navigation software and real-time traffic information and services.

    “After a thorough review of strategic options, we have determined that the sale of Telematics to Bridgestone is in the best interest of both Telematics and our core location technology business,” commented Harold Goddijn, CEO, TomTom. “We will continue to invest in our innovative map-making system, enabling faster map updates while lowering operational costs, paving the road towards autonomous driving.”

    “We have found our perfect match in TomTom Telematics,” said Paolo Ferrari, CEO and President of Bridgestone EMEA and Executive Vice President of Bridgestone Group. “Our companies’ complementary assets and capabilities will create a fleet solutions powerhouse, and further strengthen Bridgestone’s digital technology arm. We are now well-positioned in EMEA to enhance our core tyre business, accelerate our data-driven business, expand our fleet customer base and seize fast-growing, profitable opportunities in the automotive mobility industry. We recognize and respect the talent and skills of the TomTom Telematics’ management team and its 670 employees. It’s our intention to foster and grow the business and support its current plans.”

    “TomTom Telematics is the number one Telematics Service Provider in Europe, and we continue to grow our installed base of vehicles we service globally,” added Thomas Schmidt, Managing Director, TomTom Telematics. “We look forward to accelerating our ambitious growth plan and seize new opportunities as part of Bridgestone. In the meantime, we expect the transition to be seamless with no disruption for our customers, suppliers and employees.”

    The Telematics purchase price is €910 million, of which €750 million will be distributed to shareholders by means of a capital repayment, combined with a share consolidation. This capital repayment will not be subject to Dutch dividend withholding tax.

    The transaction is subject to customary closing conditions including the relevant regulatory approvals, consultation with employee representative bodies and the approval of TomTom’s shareholders. In addition to this TomTom will request approval for the capital repayment to its shareholders at an Extraordinary General Meeting of Shareholders. The convocation details will be published shortly.

    The sale of the Telematics business is expected to close by the end of the second quarter of 2019, followed by the capital repayment combined with a share consolidation to be executed in the third quarter of 2019.

    Barclays acted as exclusive financial advisor and Allen & Overy LLP as legal advisor to TomTom. Lazard acted as independent advisor to the Supervisory Board.

    TomTom will release its Q4 2018 and full year 2018 financial results on 6 February 2019.

    ***?
    ?This document contains inside information as meant in clause 7 of the Market Abuse Regulation. This public announcement does not constitute an offer, or any solicitation of any offer, to buy or subscribe for any securities.
    ENDS

    About TomTom
  2. de koe 22 januari 2019 07:34




    TomTom Sells Telematics Business to Bridgestone for a Purchase Price of €910 Million

    Intends to distribute majority of proceeds to shareholders


    Amsterdam, The Netherlands, 22 January 2019 - Location technology specialist TomTom (TOM2) today announced the sale of its Telematics business to Bridgestone Europe NV/SA (“Bridgestone”), a subsidiary of Bridgestone Corporation in EMEA, for a purchase price of €910 million, and proposes to return the majority of the proceeds to its shareholders.

    This transaction allows the Telematics business to accelerate its growth trajectory and TomTom to become a more focused and agile company, shaping the future of driving with highly accurate maps, navigation software and real-time traffic information and services.

    “After a thorough review of strategic options, we have determined that the sale of Telematics to Bridgestone is in the best interest of both Telematics and our core location technology business,” commented Harold Goddijn, CEO, TomTom. “We will continue to invest in our innovative map-making system, enabling faster map updates while lowering operational costs, paving the road towards autonomous driving.”

    “We have found our perfect match in TomTom Telematics,” said Paolo Ferrari, CEO and President of Bridgestone EMEA and Executive Vice President of Bridgestone Group. “Our companies’ complementary assets and capabilities will create a fleet solutions powerhouse, and further strengthen Bridgestone’s digital technology arm. We are now well-positioned in EMEA to enhance our core tyre business, accelerate our data-driven business, expand our fleet customer base and seize fast-growing, profitable opportunities in the automotive mobility industry. We recognize and respect the talent and skills of the TomTom Telematics’ management team and its 670 employees. It’s our intention to foster and grow the business and support its current plans.”

    “TomTom Telematics is the number one Telematics Service Provider in Europe, and we continue to grow our installed base of vehicles we service globally,” added Thomas Schmidt, Managing Director, TomTom Telematics. “We look forward to accelerating our ambitious growth plan and seize new opportunities as part of Bridgestone. In the meantime, we expect the transition to be seamless with no disruption for our customers, suppliers and employees.”

    The Telematics purchase price is €910 million, of which €750 million will be distributed to shareholders by means of a capital repayment, combined with a share consolidation. This capital repayment will not be subject to Dutch dividend withholding tax.

    The transaction is subject to customary closing conditions including the relevant regulatory approvals, consultation with employee representative bodies and the approval of TomTom’s shareholders. In addition to this TomTom will request approval for the capital repayment to its shareholders at an Extraordinary General Meeting of Shareholders. The convocation details will be published shortly.

    The sale of the Telematics business is expected to close by the end of the second quarter of 2019, followed by the capital repayment combined with a share consolidation to be executed in the third quarter of 2019.

    Barclays acted as exclusive financial advisor and Allen & Overy LLP as legal advisor to TomTom. Lazard acted as independent advisor to the Supervisory Board.

    TomTom will release its Q4 2018 and full year 2018 financial results on 6 February 2019.

    ***?

    ?This document contains inside information as meant in clause 7 of the Market Abuse Regulation. This public announcement does not constitute an offer, or any solicitation of any offer, to buy or subscribe for any securities.
    ENDS
  3. Grovert 22 januari 2019 07:44
    22-1-2019 07:41:44

    *TomTom wil verkoopopbrengst grotendeels aan aandeelhouders uitkeren
    *TomTom keert 750 miljoen euro uit aan aandeelhouders
    *TomTom denkt verkoop in tweede kwartaal 2019 af te ronden

    AMSTERDAM (AFN/BLOOMBERG) - TomTom verkoopt zijn Telematics-divisie aan de Japanse bandenmaker Bridgestone. Dat bedrijf betaalt 910 miljoen euro aan de Nederlandse navigatiedienstverlener.

    TomTom zette de divisie die zich bezighoudt met voertuigvolgsystemen in september in de etalage. Telematics was goed voor 18 procent van de jaaromzet van het Nederlandse bedrijf. TomTom wil het merendeel van de opbrengst van de verkoop aan zijn aandeelhouders teruggeven.
  4. [verwijderd] 22 januari 2019 07:47
    The Telematics purchase price is €910 million, of which €750 million will be distributed to shareholders by means of a capital repayment, combined with a share consolidation.

    Eindelijk duidelijk wat ze met het geld gaan doen. Nu even rekenen wat die share consolidation betekent
4.771 Posts
Pagina: «« 1 ... 153 154 155 156 157 ... 239 »» | Laatste |Omhoog ↑

Meedoen aan de discussie?

Word nu gratis lid of log in met je emailadres en wachtwoord.

Direct naar Forum

Premium

TomTom geraakt door zwakke automotivemarkt

Het laatste advies leest u als abonnee van IEX Premium

Inloggen Word Abonnee

Lees verder op het IEX netwerk Let op: Artikelen linken naar andere sites

Gesponsorde links