Sign in / up

back to article Talk is FINNISHed: Nokia to buy Alcatel Lucent for €15.6 billion

Nokia and Alcatel-Lucent have confirmed rumours about a possible merger by saying it will happen, as “The two companies have entered into a memorandum of understanding under which Nokia will make an offer for all of the equity securities issued by Alcatel-Lucent”. Each Alca-Lu share will be exchanged for 0.55 of a new Nokia …

COMMENTS

House rules Send corrections
This topic is closed for new posts.
  1. Anonymous Coward
    Anonymous Coward

    Nokia's autocratic N. Europe business style, combined with Alcatel-Lucent's French heritage, there's a car crash just waiting to happen. French on strike in 3...2...1...

    9 0
  2. teebol

    Shareholders

    A CEO's job is not to create shareholder value. It's to run a company well. ALU has had a hard time with that and this merger looks as disastrous as the last one. At least Bell Labs gets to live.

    1 2
This topic is closed for new posts.

Other stories you might like