FRANKFURT (Standard&Poor's) Aug. 3, 2015--Standard&Poor's Ratings Services said today that its ratings and outlook on Finnish technology company Nokia Corp. (BB+/Positive/B) remain unchanged following the announcement that it has reached an agreement to sell its digital mapping and location services business, HERE, to a consortium of leading automotive companies. The sale is expected to close in the first quarter of 2016 and Nokia expects to receive net proceeds of slightly above €2.5 billion. In our view, the announced transaction further strengthens Nokia's already strong balance sheet. At the same time, the disposal would be slightly dilutive to Nokia's scope and diversification. As of June 30, 2015, Nokia maintained a strong Standard&Poor's-adjusted net cash position
