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TomTom Jumps on Agreement With Apple Over Global Maps

TomTom NV, Europe’s largest maker of portable navigation devices, advanced the most in more than seven months in Amsterdam after Apple Inc. agreed to use its digital maps in new mobile services.

TomTom rose 16 percent to 3.80 euros, the largest increase since Oct. 24. The stock was the biggest gainer on the 25-company benchmark AEX Index, paring TomTom’s 12-month decline to 30 percent.