UPDATE 1-Contest for Nokia's HERE seen as a three-way race NECKARSULM, Germany, May 22- The contest for Nokia's maps business has become a three-way race between German carmakers, a consortium including Uber and Baidu, and a third group including China's Tencent and Navinfo, people familiar with the process said. Finland's Nokia has started an auction of its maps business HERE while it completes its 15.6 billion euros...
| By: Andreas Cremer and Arno Schuetze
UPDATE 2-Carmakers team up with General Atlantic to bid for Nokia map firm - sources FRANKFURT, May 21- Germany's premium carmakers Mercedes, Audi and BMW have teamed up with private equity firm General Atlantic to increase their firepower to acquire Nokia's mapping unit HERE, according to two people familiar with the matter. Finland's Nokia started a strategic review of its maps business last month, setting in motion an auction process that...
| By: Edward Taylor and Arno Schuetze
Street Talk: NCMI under the radar "Power Lunch" hosts Melissa Lee and Brian Sullivan look at 5 stocks with analyst recommendations, including Edwards Lifesciences, and Bank of America.
UPDATE 1-EQT to launch IPO of German fashion group CBR next month -sources FRANKFURT, May 8- Private equity group EQT is likely to launch the initial public offering of its German women's fashion group CBR next month, two people familiar with the potential 1.2 billion euro deal said. The investor has picked Deutsche Bank and Goldman Sachs as so-called global coordinators for the IPO, with BNP Paribas and UBS in further roles, the people...