Nokia explores sale of map business, source says

By Liana B. Baker and Jussi Rosendahl NEW YORK/HELSINKI (Reuters) - Nokia is considering selling its maps business known as HERE, a source familiar with the matter said on Friday, pushing up shares in the Finnish company as well as its network gear rival Alcatel-Lucent. After the exit from handsets, analysts have seen little synergies between the map unit and Nokia's mainstay network gear business. Nokia has hired a financial adviser to explore a sale of the unit, the source added. Shares in Nokia closed 5.57 percent higher while those in France's Alcatel-Lucent closed 4.82 percent higher.



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