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France Telecom (FTE) is reportedly in talks to acquire Alcatel-Lucent's (ALU) undersea...

France Telecom (FTE) is reportedly in talks to acquire Alcatel-Lucent's (ALU) undersea cable-laying unit, which could be worth €100-150M. A deal would be part of ALU's efforts to raise €1-1.5B by selling non-core assets. Meanwhile, French sovereign fund Fonds Strategique d'Investissement is thinking about purchasing a holding in the struggling telecom-equipment maker.
Comments (4)
  • bd4uandu
    , contributor
    Comments (1906) | Send Message
     
    We are all thinking about it. Does it make it news?
    20 Dec 2012, 10:03 AM Reply Like
  • AZIZ KHAN
    , contributor
    Comments (97) | Send Message
     
    bd4: Good observation. I am trying to figure it out myself. Hope someone can shed more light.
    20 Dec 2012, 10:21 AM Reply Like
  • serge9
    , contributor
    Comments (401) | Send Message
     
    1- ALU will have a credit Finance from GS and CS worth 2.1 Billion Dollars with the Condition that the Patent portfolio and other stuff will be used as a guarantee.
    2- the French Gov. is seeking other finance options to help ALU financially (indirectly, FSI and ...) with a lower interest Rate and without putting the Patent and other things as Guarantee
    3-the French Gov has till Jan 30th 2013 to come up with a deal
    4- if the French Gov. succeeded and FSI and Or ..., got the needed finance to support ALU, Alu Stock will fly because
    A- fear of bankruptcy is pushed away
    B- ALU will pay less interest on the 2.1 Billion = good for cash flow
    C- Patents are at no risk
    20 Dec 2012, 03:06 PM Reply Like
  • bd4uandu
    , contributor
    Comments (1906) | Send Message
     
    It is the state of media in todays world. Whisper numbers, anonymous sources, hunches and too many stories about how we feel about things. New speak ... It's a brave new world out there.
    20 Dec 2012, 10:42 AM Reply Like
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