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June 15, 2009
TomTom’s capital raising
...Talk about wishful thinking. Shares of TomTom jumped a fifth on Friday amid a rumour...fell 11 per cent at one point on Monday. TomTom’s is a familiar story of bad timing and...rival. Tying Tele Atlas’s maps to TomTom’s gadgets looked promising, but by...
July 21, 2008
TomTom moves to reassure over its debt
TomTom, the Dutch maker of satellite navigation...below 2.5 times by the end of 2009. “TomTom is comfortable with the covenants of the...s main competitor, for €8.1bn. TomTom, which reported its results a day earlier than... By Michael Steen in Amsterdam
April 8, 2008
TomTom troubles
...challenge for personal navigation device maker TomTom is to avoid that fate. The attempt is not going well. TomTom shares lost another 10 per cent on Tuesday...2007, and grew by 40 per cent in Europe, TomTom’s revenues actually fell. Margins collapsed...
February 25, 2009
TomTom warns of possible breach on loans
TomTom, the Dutch maker of satellite navigation...over how the economy would develop meant TomTom had to " prepare for those uncertainties...would do under different -scenarios". TomTom declined to comment on what it would do... By Michael Steen in Amsterdam
February 25, 2009
TomTom warns it might breach covenants
TomTom, the Dutch maker of satellite navigation...over how the economy would develop meant TomTom had to " prepare for those uncertainties...would do under different -scenarios." TomTom declined to comment on what it would do... By Michael Steen in Amsterdam
February 25, 2009
TomTom warns of possible breach on loans
TomTom, the Dutch maker of satellite navigation...over how the economy would develop meant TomTom had to " prepare for those uncertainties...would do under different -scenarios." TomTom declined to comment on what it would do... By Michael Steen in Amsterdam
June 14, 2009
TomTom plans €430m cash call
TomTom, the Dutch maker of satellite navigation...rights issue in which all four founders of TomTom, who include Mr Goddijn, will take up...develop the company,” Mr Goddijn said. TomTom’s share price has fallen nearly 66 per... By Michael Steen in Amsterdam
March 4, 2009
TomTom launches built-in satnav
TomTom, the Dutch navigation company known for...dashboards of Clio, Scenic and Megane models, TomTom and Renault are hoping to greatly increase...1,500 to €3,000, that first gave TomTom an entry into the navigation market when... By Michael Steen
June 15, 2009
TomTom plans €430m cash call
TomTom, the Dutch maker of satellite navigation...rights issue in which all four founders of TomTom, who include Mr Goddijn, will take up...and amortisation by the end of the year. TomTom's share price has fallen nearly 66 per... By Michael Steen in Amsterdam
July 23, 2007
TomTom to buy Tele Atlas for €1.8bn
TomTom, the fast growing Dutch navigation systems company, on Monday...1.6bn in debt provided by Goldman Sachs, which advised TomTom on the transaction, with the rest from TomTom’s cash reserves. The offer has been accepted by Tele... By David Ibison in Amsterdam